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Share Issuance and Disposal4971MEC COMPANY LTD.Materials and Chemicals

Notice Concerning the Decision on Matters Relating to the Acquisition of Shares under the Share-Based Compensation Plan

To continue the stock-based compensation plans for directors and executive officers, the company decided to make an additional contribution of ¥76,822,000 to the trust and have the trust acquire 14,200 shares of the company's treasury stock. The acquisition is scheduled for 27 November 2026.

Worth reading
44Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
14200
Shares
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Acquisition through the disposal of treasury shares under a stock compensation plan

発行・処分する株式数

Treasury shares 14,200 shares (10,700 shares for the stock delivery trust for directors and 3,500 shares for the stock delivery trust for executive officers)

Intended allottee
Trustee of this trust (Sumitomo Mitsui Trust Bank, Limited; re-trustee: Custody Bank of Japan, Limited)
Amount of funds to be raised

¥57,887,000 for the stock delivery trust for directors, ¥18,935,000 for the stock delivery trust for executive officers, ¥76,822,000 in total. Estimated net proceeds: Not disclosed

Specific use of funds
Additional contribution to this trust to continue the planAmount ¥76,822,000 (¥57,887,000 for the stock delivery trust for directors and ¥18,935,000 for the stock delivery trust for executive officers) / Scheduled timing of expenditures 27 November 2026 (scheduled)
Categories and Number of Persons Covered
Stock delivery trust for directors: directors who meet the beneficiary requirements, excluding directors serving on the Audit and Supervisory Committee and outside directors. Stock delivery trust for executive officers: executive officers who meet the beneficiary requirements, excluding those concurrently serving as directors. The number of individuals and individual breakdown of allocated shares: Not disclosed
Payment date
27 November 2026 (scheduled)
Impact on Business Performance
The impact on financial results is Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAcquisition through the disposal of treasury shares under a stock compensation plan
Number of shares to be issued or disposed ofTreasury shares 14,200 shares (10,700 shares for the stock delivery trust for directors and 3,500 shares for the stock delivery trust for executive officers)
Amount of funds to be raised¥57,887,000 for the stock delivery trust for directors, ¥18,935,000 for the stock delivery trust for executive officers, ¥76,822,000 in total. Estimated net proceeds: Not disclosed
Specific use of fundsDetails Additional contribution to this trust to continue the plan / Amount ¥76,822,000 (¥57,887,000 for the stock delivery trust for directors and ¥18,935,000 for the stock delivery trust for executive officers) / Scheduled timing of expenditures 27 November 2026 (scheduled)
Payment date27 November 2026 (scheduled)
Intended allotteeTrustee of this trust (Sumitomo Mitsui Trust Bank, Limited; re-trustee: Custody Bank of Japan, Limited)
Categories and Number of Persons CoveredStock delivery trust for directors: directors who meet the beneficiary requirements, excluding directors serving on the Audit and Supervisory Committee and outside directors. Stock delivery trust for executive officers: executive officers who meet the beneficiary requirements, excluding those concurrently serving as directors. The number of individuals and individual breakdown of allocated shares: Not disclosed
Impact on Business PerformanceThe impact on financial results is Not disclosed
Items this document does not state (20)
Issue price and disposal priceTotal issue valueEstimated issuance expensesIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering

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.

To continue this plan, the Company will make an additional cash contribution to the trust so that the trustee can acquire additional shares of the Company.

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 Concerning the Decision on Matters Relating to the Acquisition of Shares under the Share-Based Compensation Plan | MEC COMPANY LTD. (4971) timely disclosure | Komori