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Share Issuance and Disposal4923COTA CO.,LTD.Materials and Chemicals

Notice Regarding the Large-Scale Exercise of the First Series of Stock Acquisition Rights through a Third-Party Allotment Using Treasury Shares (with Exercise Price Adjustment and Exercise Permission Provisions)

From 2 August to 23 August 2021, 680 First Series Stock Acquisition Rights were exercised, and 74,800 treasury shares were delivered. As a result, the number of unexercised stock acquisition rights decreased from 5,700 to 5,020.

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Details of issuance or disposal

Large-scale exercise of the First Series of Stock Acquisition Rights through a third-party allotment using treasury shares (with exercise price adjustment and exercise permission provisions)

発行・処分する株式数

Shares delivered since the beginning of the month: 74,800 shares (all transferred treasury shares; new shares: 0 shares)

Terms of the stock acquisition rights
Exercise price
The exercise price adjustment provision applies. The exercise price on each exercise date ranged from ¥1,319 to ¥1,415. Minimum exercise price: Not disclosed
Number of Stock Acquisition Rights
Total issued: 6,600 (680 exercised, representing 10.3% of the total issued). Unexercised balance: 5,700 at the end of the previous month and 5,020 currently
Basis for determining the amount to be paid
The exercise prices were ¥1,319 on 2 August, ¥1,384 on 5 August, ¥1,405 on 6 and 20 August, ¥1,368 on 18 August, ¥1,388 on 19 August, and ¥1,415 on 23 August. The calculation criteria, details of the adjustment method and discount rate: Not disclosed
Most recent equity financing
Timing 25 March 2021 / Type First Series of Stock Acquisition Rights through a third-party allotment using treasury shares (with exercise price adjustment and exercise permission provisions) / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalLarge-scale exercise of the First Series of Stock Acquisition Rights through a third-party allotment using treasury shares (with exercise price adjustment and exercise permission provisions)
Number of shares to be issued or disposed ofShares delivered since the beginning of the month: 74,800 shares (all transferred treasury shares; new shares: 0 shares)
Total number of issued shares24,744,300 shares (as of the end of the month preceding the relevant month) → Not disclosed
Basis for determining the amount to be paidThe exercise prices were ¥1,319 on 2 August, ¥1,384 on 5 August, ¥1,405 on 6 and 20 August, ¥1,368 on 18 August, ¥1,388 on 19 August, and ¥1,415 on 23 August. The calculation criteria, details of the adjustment method and discount rate: Not disclosed
Exercise priceThe exercise price adjustment provision applies. The exercise price on each exercise date ranged from ¥1,319 to ¥1,415. Minimum exercise price: Not disclosed
Number of Stock Acquisition RightsTotal issued: 6,600 (680 exercised, representing 10.3% of the total issued). Unexercised balance: 5,700 at the end of the previous month and 5,020 currently
Most recent equity financingTiming 25 March 2021 / Type First Series of Stock Acquisition Rights through a third-party allotment using treasury shares (with exercise price adjustment and exercise permission provisions) / Amount Not disclosed
Items this document does not state (21)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

A large-scale exercise of the First Series Stock Acquisition Rights issued on 25 March 2021 took place during the relevant period.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Large-Scale Exercise of the First Series of Stock Acquisition Rights through a Third-Party Allotment Using Treasury Shares (with Exercise Price Adjustment and Exercise Permission Provisions) | COTA CO.,LTD. (4923) timely disclosure | Komori