Stanley Electric : Notice of the Determination of Details of Stock Options (Subscription Rights to Shares)
August 28, 2023
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August 29, 2023
To whom it may concern
Company name: Stanley Electric Co., Ltd.
Representative: Yasuaki Kaizumi, President and Representative Director
Securities code: 6923 (TSE Prime Market)
Contact: Ikuo Kuwata, Executive Officer, Executive General Manager,
Accounting & Finance Control Division
Phone: +81-3-6866-2222
Notice of the Determination of Details of Stock Options (Subscription Rights to Shares)
Stanley Electric Co., Ltd. (hereinafter the "Company") hereby announces that the undetermined items regarding subscription rights to shares as stock options (name: Stanley Electric Co., Ltd. series 13 subscription rights to shares) to allot to Directors (excluding Outside Directors), Executive Officers, Operating Executives, some employees (managers) of the Company, and full-time Directors of the Company's affiliates, which were resolved at a meeting of the Board of Directors held on July 28, 2023, have been determined as follows.
(1) Total number of subscription rights
2,248 rights
to shares
(The number of shares to be issued upon exercise of a
subscription right to shares is 100 shares)
(2) Eligible positions, the number of
Directors of the Company
6 persons 325 rights
persons, and the number of
Executive Officers of the Company
11 persons 165 rights
subscription rights to shares to be
Operating Executives of the Company
11 persons 110 rights
allotted
Employees (managers) of the Company
567 persons 1,322 rights
Full-time Directors of the Company's affiliates
75 persons 326 rights
Paid-inamount for subscription No monetary payment in exchange for subscription rights to
rights to shares
shares is required
(4)
Value of assets to be contributed
260,900 yen per subscription right to shares
upon exercise of subscription rights
(2,609 yen per share)
to shares
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Stanley Electric Co. Ltd. published this content on 29 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2023 01:19:12 UTC.
Stanley Electric Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment products, component products and electronic applied products. The Company operates through three segments. The Automotive Equipment segment mainly manufactures automotive lighting products, which are sold to automobile manufacturers. The Components segment mainly manufactures electronic device products that are sold to manufacturers related to electrical machinery and automobiles. The Electronic Applied Products segment mainly manufactures electronic applied products such as units and modules that meet the specifications of customers, such as liquid crystal backlights, and operation panels that are sold mainly to electrical equipment, automobiles, and automobile-related manufacturers. In addition, the Company is also engaged in business activities such as promotion of employment of people with physical disabilities and financial and management services for groups.
STANLEY ELECTRIC CO., LTD. 
