DIP : Notice of Completion of Payment for Disposition of Treasury Stock as Restricted Stock and Partial Forfeiture of Right
August 26, 2021
Share
August 27, 2021
For Immediate Release
dip Corporation
3-2-1 Roppongi, Minato-ku, Tokyo
Hideki Tomita, Representative Director, President and CEO (Securities Code: 2379, First Section of the Tokyo Stock Exchange)
Haruhiko Arai, Corporate Officer, CFO,
Head of Corporate Management Group Phone: +81-3-5114-1177
Notice of Completion of Payment for Disposition of Treasury Stock
as Restricted Stock and Partial Forfeiture of Right
Dip Corporation ("dip") announces that payment procedures have been completed regarding the disposition of treasury stock as restricted stock (with performance-based conditions), which was resolved at a meeting of its Board of Directors held on July 7, 2021, as described below.
Dip also announces the details of changes in the number of shares to be disposed of and the total value of the disposition that was initially planned due to a partial forfeiture of rights.
For details of this transaction, please refer to "Notice of Disposition of Treasury Stock as Restricted Stock (with Performance-Based Conditions)" dated July 7, 2021.
1. Details of Changes to Outline of Disposition (Changes are Underlined)
After the change
Before the change
(1)
Type and number of shares to
267,477shares
271,912shares
be disposed of
of dip common stock
of dip common stock
(2)
Disposition price
3,385 yen per share
3,385 yen per share
(3)
Total value of disposition
905,409,645yen
920,422,120yen
(4)
Allottees, numbers thereof,
Directors*: 160,000 shares
Directors*: 160,000 shares
and shares to be disposed of
to 3 directors
to 3 directors
Employees: 107,477shares
Employees: 111,912shares
to 644employees
to 659employees
*Excluding outside directors
*Excluding outside directors
(5)
Date of disposition
August 27, 2021
August 27, 2021
2. Reason for the Change
The difference between the actual numbers after the change and the planned numbers of allottee employees and shares to be disposed is due to the forfeiture of rights by some of those who were prospective allottees at the time the disposition of treasury stock was decided.
3. Future Outlook
The impact of the changes on the business performance for the current term is minor.
(Note) English documents are prepared as a courtesy to our stakeholders. In the event of any inconsistency between English-language documents and the Japanese-language documents, the Japanese-language documents will prevail.
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DIP Corporation published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 08:11:07 UTC.
dip Corp is a Japan-based company mainly engaged in human resources service business and digital transformation (DX) business. The Company operates through two segments. The Human Resource Service segment conducts internet job advertising and nurse recruitment, and operates recruitment information sites such as Baitoru, Baitoru NEXT, and Hatarakonet. The DX segment develops and provides services that utilize artificial intelligence (AI) and robotic process automation (RPA). Services include recruitment page cobots, interview cobots, HR cobots, human resources (HR) cobots, and regular cobots.
DIP CORPORATION 
