Amvis Holdings addresses listing compliance with restricted stock grants

Amvis Holdings, Inc. reported non-compliance with the Prime Market's listing maintenance criteria as of September 2025, specifically regarding its tradable share ratio of 34.3% against a required 35.0%. To address this, the company has initiated an improvement plan, aiming to meet the criteria by the end of September 2026, or face potential delisting by April 1, 2027. The plan includes measures to increase shareholder numbers and enhance corporate value.

A key initiative involves disposing of 578,000 treasury shares as restricted stock to 22 employees of Amvis Holdings and its subsidiaries. This action, approved by the board of directors on December 26, 2025, is valued at 468 yen per share, totaling 270,504,000 yen. This measure is projected to increase the tradable share ratio by approximately 0.6%, with the restricted shares under a three-year transfer restriction period until February 2, 2029.

The company anticipates this restricted stock grant, coupled with expected reductions in management shareholdings, will enable it to achieve the required 35% tradable share ratio and maintain its Prime Market listing status. The issue stems from approximately 65% of shares held by domestic corporate shareholders, management, and treasury stock, impacting market liquidity.