Food & Life Companies to grant stock options, review investment unit
Food & Life Companies will consider reducing its investment unit to less than 500,000 yen to expand its investor base and enhance stock liquidity. This will be continuously reviewed based on market trends and stock price.
The company will issue 1,237 share acquisition rights to employees and subsidiaries' employees, with each right convertible into 100 shares at an exercise price of 7,637 yen. The exercise period is from December 24, 2027, to December 23, 2035.
Additionally, 602 share acquisition rights will be granted to directors and corporate officers as stock-price-linked remuneration. Each right is convertible into 400 shares, with an exercise price of 1 yen, from January 15, 2026, to January 14, 2066. The vesting rate is linked to relative Total Shareholder Return (TSR).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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