Sankyo : Notice concerning Determination of Certain Details of the Issuance of Stock Compensation-type Stock Options (Subscription Rights to Shares)
July 21, 2022 at 03:44 am EDT
Share
July 21, 2022
For Immediate Release
Listed company name:
SANKYO CO., LTD.
Representative:
Akihiko Ishihara
President & CEO
(Code: 6417, TSE Prime Market)
Contact:
Hiroshi Takahashi
Executive Operating Officer
TEL.: +81-3-5778-7777
Notice concerning Determination of Certain Details of the Issuance of Stock
Compensation-type Stock Options (Subscription Rights to Shares)
SANKYO CO., LTD. (the Company) today announced that details of pending items were determined in connection with the issuance of subscription rights to shares as stock compensation-type stock options based on the resolution of the Company's board of directors made on July 5, 2022 to directors (excluding Outside Directors) and operating officers (who do not concurrently serve as directors) of the Company and to directors of the Company's subsidiaries. Details are described below.
1. Persons to whom subscription rights to shares are to be allotted, the number of such persons, and the number of subscription rights to shares to be allotted
Directors of the Company (excluding Outside Directors)
3
562
(of which, for a director of subsidiary: 4 )
Operating officers of the Company (who do not
14
272
(of which, for a director of subsidiary: 3 )
concurrently serve as directors)
Directors of subsidiaries of the Company
6
30
Total number of subscription rights to shares 864
Class and number of shares to be issued upon exercise of subscription rights to shares 86,400 shares of the Company's common stock
Amount to be paid in for the subscription rights to shares
338,700 yen per subscription right to shares (3,387 yen per share)
The above amount is calculated using the Black-Scholes model on the date of allotment of subscription rights to shares. A person who receives allotment of subscription rights to shares offsets payment of the said amount to be paid in with compensation receivable from the Company and thus is not required to pay any money.
[Reference]
Details of the issuance of subscription rights to shares other than the items described above are disclosed in the "Notice concerning Issuance of Stock Compensation-type Stock Options (Subscription Rights to Shares)" dated July 5, 2022.
This material is an English translation of Japanese announcement made on July 21, 2022. Although the Company intended to faithfully translate the Japanese document into English, the accuracy and correctness of this translation are not guaranteed.
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Sankyo Co. Ltd. published this content on 21 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2022 07:43:02 UTC.
Sankyo Co Ltd is a Japan-based company mainly engaged in the pachinko machine related business, pachislot machine related business, and replenishment equipment related business. The Company operates through three business segments. The Pachinko Machine-related Business segment is engaged in the manufacture and sale of pachinko machines and gauge boards for pachinko machines, the sale of related parts, and acquisition of royalties income related to pachinko machines. The Pachislot Machine-related Business segment is engaged in the manufacture and sale of pachislot machines, the sale of related parts, and acquisition of royalties income related to pachislot machines. The Supply Equipment-related Business segment is engaged in the sale of pachinko/pachislot supply equipment, card system equipment, hall equipment peripheral equipment. It also provides mobile content services, real estate rental, sales of general molded parts.
SANKYO CO., LTD. 
