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Notice Concerning the Determination of Items Relating to the Issuance of Subscription Rights (Stock Options)
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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 December 25, 2014 (
see press release dated December 25, 2014), 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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34,762 rights
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2.
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Number of executive officers to whom subscription rights shall be allotted and number of subscription rights to be allotted
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Executive officers: 7; Subscription rights: 34,762
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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:
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¥557
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(Payment per share:
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¥557)
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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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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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34,762 shares of Lion common stock
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distributed by
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LION CORPORATION 
