Komori
Share Issuance and Disposal8089Nice CorporationTrading & Wholesale

Notice Concerning the Issuance of New Shares as Restricted Stock to Employees

The Company resolved to issue 37,000 restricted shares to 385 employees in exchange for contributions in kind of monetary compensation claims. The shares will be issued on 18 September 2026, and transfers and other dispositions will be restricted until 1 July 2028.

Worth reading
51Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
37000
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares as restricted stock to employees

Who receives how much37,000Shares

37,000 common shares (new shares)

385 employees of the Company37,000 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥1,845 per share
Total issue value

¥68,265,000

Total Stock-Based Compensation
Total monetary compensation claims: ¥68,265,000
Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
From 18 September 2026 to 1 July 2028
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as a director or employee of the Company or one of its subsidiaries during the restriction period. All transfer restrictions on the allocated shares will be lifted upon expiry of the restriction period.
Reason for acquisition without consideration
Upon expiry of the restriction period, or when an allocated recipient ceases to hold any position as a director or employee of the Company or one of its subsidiaries during the restriction period, the Company will acquire without consideration any shares whose transfer restrictions have not been lifted. The Company will also acquire without consideration any shares whose restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
385 employees of the Company; 37,000 shares allocated
Intended allottee's holding policy
From 18 September 2026 to 1 July 2028, the shares may not be transferred, pledged, or otherwise disposed of. All transfer restrictions will be lifted upon expiry of the restriction period, provided that the recipient has continuously held a position as a director or employee of the Company or one of its subsidiaries during the restriction period.
Payment date
18 September 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,845. No discount or premium rate is stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares as restricted stock to employees
Number of shares to be issued or disposed of37,000 common shares (new shares)
Issue price and disposal price¥1,845 per share
Total issue value¥68,265,000
Payment date18 September 2026
Intended allotteeName 385 employees of the Company / Number of Shares 37,000 shares
Intended allottee's holding policyFrom 18 September 2026 to 1 July 2028, the shares may not be transferred, pledged, or otherwise disposed of. All transfer restrictions will be lifted upon expiry of the restriction period, provided that the recipient has continuously held a position as a director or employee of the Company or one of its subsidiaries during the restriction period.
Basis for determining the amount to be paidThe closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,845. No discount or premium rate is stated.
Transfer restriction periodFrom 18 September 2026 to 1 July 2028
Conditions for lifting transfer restrictionsThe recipient must continuously hold a position as a director or employee of the Company or one of its subsidiaries during the restriction period. All transfer restrictions on the allocated shares will be lifted upon expiry of the restriction period.
Reason for acquisition without considerationUpon expiry of the restriction period, or when an allocated recipient ceases to hold any position as a director or employee of the Company or one of its subsidiaries during the restriction period, the Company will acquire without consideration any shares whose transfer restrictions have not been lifted. The Company will also acquire without consideration any shares whose restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered385 employees of the Company; 37,000 shares allocated
Total Stock-Based CompensationTotal monetary compensation claims: ¥68,265,000
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor 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.

To provide an incentive for sustainable growth and enhancement of corporate value by fostering employees’ awareness of their participation in management and promoting the sharing of value with shareholders.

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 Issuance of New Shares as Restricted Stock to Employees | Nice Corporation (8089) timely disclosure | Komori