Asics : Notice Concerning Determination of the Terms for Issuance of Share Remuneration-Type Share Options
May 29, 2017 at 05:14 am EDT
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Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Name of the Company
May 29, 201
ASICS Corporation
Chairman, President and CEO,
Representative Director:
Motoi Oyama
Code Number: 7936 Listing Exchange: Tokyo
The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
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Notice Concerning Determination of the Terms for Issuance of Share Remuneration-Type Share Options to Directors and Employees of the Company and its Subsidiaries
ASICS Corporation (the "Company") hereby announces that it determined the below terms for the share options to be issued as share remuneration-type share options which was resolved at a meeting of the Board of Directors held on April 26, 2017 (hereinafter referred to as the "Share Options") to directors (excluding outside directors) and employees of the Company and its subsidiaries.
Total number of Share Options: 1,014 units
Subscription Amount to be paid for Share Options Price per unit: 167,000 yen
(Price per share: 1,670 yen)
In place of the above-mentioned subscription amount, claims for remuneration held by the subscribers to the Company shall be offset against the payment obligation of the subscription amount to the Company. For the directors or employees of the Company's subsidiaries, the Company shall assume the obligation for claims for remuneration from the subsidiary, and payment for the subscription amount of the Share Options shall be offset against said claims.
Persons eligible for allotment of Share Options, the number of said persons and the number of Share Options to be allotted
Persons eligible for allotment of Share Options
Number of persons
Number of Share Options to be allotted
Directors of the Company (excluding outside directors)
5
581
Employees of the Company
6
107
Directors of the Company's subsidiaries
4
280
Employees of the Company's subsidiaries
2
46
END
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Asics Corporation published this content on 29 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 May 2017 09:14:16 UTC.
ASICS Corporation is a Japan-based company mainly engaged in the manufacture and sale of sports products, such as sports shoes, sportswear, sports equipment and others. The Company operates through six business segments. The Japan Region, Americas Region, Europe Region (including the Middle East and Africa), Oceania/Southeast and South Asia Region, and the East Asia Region segment mainly sell sporting goods. The Others segment is engaged in the manufacture and sale of HAGLOFS brand outdoor products.
ASICS CORPORATION 
