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.
The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
May 18, 2018
Name of the Company ASICS Corporation
President and COO, Representative Director:
Yasuhito Hirota
Code Number: 7936 Listing Exchange: Tokyo
Notice Concerning Determination of the Terms for Issuance of Share Remuneration-Type
Share Options to Directors and Executive Officers of the Company and Directors and
Employees of 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 20, 2018 (hereinafter referred to as the "Share Options") to directors (excluding outside directors) and executive officers of the Company and directors and employees of its subsidiaries.
1. Total number of Share Options: 852 units
2. Subscription Amount to be paid for Share Options
Price per unit: 178,600 yen
(Price per share: 1,786 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.
3. 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) | 6 | 452 |
Executive Officers of the Company | 12 | 161 |
Directors of the Company's subsidiaries | 4 | 201 |
Employees of the Company's subsidiaries | 2 | 38 |
END
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Asics Corporation published this content on 18 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 May 2018 09:18:03 UTC