LION : Notice Concerning the Determination of Items Relating to the Issuance of Subscription Rights (Stock Options)
04/17/2012| 09:22pm US/Eastern
Recommend:
Lion Corporation ("Lion" or "the Company") today announced
details of its decision to issue stock options (subscription
rights) as part of a stock-linked compensation plan. The
decision was made at a Board of Directors' meeting held on
March 29, 2012 (
see press release
dated March 29, 2012), with certain details to be
determined. Outstanding issues have now been decided and are
provided as follows.
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1.
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Total number of subscription rights to be issued:
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96,418 rights
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2.
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Number of executive officers to whom subscription rights
shall be allotted and the number of subscription rights
to be allotted:
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Directors (excluding external directors):8; 96,418 rights
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3.
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Total Payment due Upon Exercise of Subscription Rights:
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Payment per subscription right:¥405(Payment per
share:¥405)
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Notes: 1.
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The aforementioned amounts were calculated using
the Black-Scholes model on the subscription rights
allocation date.
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Notes: 2.
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Subscription rights are acquired after compensation
claims by individuals eligible for subscription
rights are offset by subscription right payment
obligations.
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4.
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Class and number of shares to be acquired upon exercise
of subscription rights:
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96,418 shares of Lion common stock
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distributed by
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