Media Do issues restricted stock to directors and employees

Media Do Co., Ltd. (TSE:3678) announced its Board of Directors has resolved to issue 32,202 new shares of common stock as restricted stock compensation to its directors, employees, and a director of a subsidiary. The shares will be priced at JPY1,793 per share, totaling JPY57,738,186. The allotment includes 27,884 shares for 4 directors of the Company, 3,203 shares for 6 employees of the Company, and 1,115 shares for 1 director of a subsidiary. This initiative is part of the company's restricted stock compensation plan implemented in April 2018, aiming to incentivize sustainable enhancement of corporate and shareholder value. The issuance relies on Directors contributing monetary compensation claims as payment in kind for newly issued shares. Restrictions on transferring, pledging, or disposing of the shares will be in place from July 7, 2025, until the end of February 2028, contingent upon continuous service.