Istyle : Notice Concerning Determination of Details of Issuance of Subscription Rights to Shares (Performance-based Stock Options)
September 13, 2022 at 02:50 am EDT
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Note: This document has been translated from 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.
September 13, 2022
To whom it may concern,
Company name
istyle Inc.
Representative
Tetsuro Yoshimatsu, President and CEO
(Stock Exchange Code: 3660 Prime Market)
Contact
Kei Sugawara, Director and CFO
(TEL.03-6161-3660)
Notice Concerning Determination of Details of Issuance of Subscription Rights to Shares
(Performance-based Stock Options)
istyle Inc. ("the Company") hereby discloses that it determined today previously undecided matters among the details of the issuance of [1] a 26th series of subscription rights to shares ("subscription rights") to the Company's directors and employees and directors and employees of its subsidiaries, and [2] a 27th series of subscription rights to the Company's directors in exchange for cash consideration pursuant to a resolution of the Board of Directors dated August 15, 2022, as explained below.
26th series of subscription rights
Subscription rights grantees, number of grantees, and number of subscription rights allotted 2 directors of the Company: 400 rights
120 employees of the Company: 10,822 rights
3 directors of the Company's subsidiaries: 710 rights
19 employees of the Company's subsidiaries: 190 rights
Total number of subscription rights 12,122 rights
Class and number of shares underlying subscription rights 1,212,200 shares of the Company's common stock
27th series of subscription rights
Subscription rights grantees, number of grantees, and number of subscription rights allotted
directors of the Company: 20,000 rights
Total number of subscription rights
20,000 rights
3. Class and number of shares underlying subscription rights 2,000,000 shares of the Company's common stock
For reference:
Date of the Board of Directors resolution concerning the issuance of these subscription rights: August 15, 2022
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Istyle Inc. published this content on 13 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2022 06:49:03 UTC.
istyle Inc. is engaged in the operation of cosmetics portal Website under the name @cosme. The Company operates in four segments. The On Platform segment includes marketing business in Japan and overseas, service for premium members. The Beauty Service segment includes the operation of cosmetics e-commerce (EC) sites in Japan and the operation of the cosmetics specialty store. The Global segment includes services developed outside Japan. The Others segment includes the temporary staffing business, which dispatches beauty salon staff, and the investment development business, which invests in companies with a wide range of growth stages, including companies that have not been established.