Notice: Completion of Payment for Disposal of Treasury Stocks as Restricted Stock Compensation for Executive Officer
April 26, 2021 at 02:02 am EDT
Share
To Investors:
April 26, 2021
MonotaRO Co, Ltd
(Code No. 3064 TSE 1st)
IR Contact: +81-6-4869-7190
Mail: pr@monotaro.com
Notice: Completion of Payment for Disposal of Treasury Stocks as Restricted Stock
Compensation for Executive Officer
MonotaRO Co., Ltd. (hereinafter "the Company") announces that payment procedures has been completed today as follows for disposal of treasury stocks as restricted stock compensation, which was resolved at the Board of Directors meeting held on March 26, 2021. Please refer to "Notice Disposal of Treasury Stock as Restricted Stock Compensation for Executive Officer" announced on March 26, 2021 for further information.
Outline of disposal
(1)
Disposal date
April 26, 2021
(2) Class and number of stocks to be disposed
33,090 stocks of common stock of the Company
(3)
Disposal price
2,950 JPY per stock
(4) Total value of stocks to be disposed
97,615,500 JPY
(5) Allotted to
Seven Executive Officers of the Company 33,090 stocks
(6)
Other
The Company has submitted the Securities Registration
Statement regarding the Disposal of Treasury Stocks in
accordance with the Financial Instruments and Exchange Act
Note 1: As stated in "Notice of Share Split and Partial Amendment to the Articles of Incorporation" disclosed on Feb 2, 2021, the Company executed the share split at a ratio of 1:2 on effective date April 1, 2021 (hereinafter "the Share Split").
Note 2: As a result of the Share Split, number of shares to be disposed by Disposal of Treasury Stocks, disposal price, and shares allotted were changed to 33,090 shares, 2,950 JPY, and 33,090 shares from 16,545 shares, 5,900 JPY, and 16,545 shares.
End of notice
Disclaimer:
This is an English translation of the captioned release.
This translation is prepared and provided for the purpose of the reader's convenience.
All readers are recommended to refer to the original version in Japanese of the release for complete information.
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Disclaimer
MonotaRO Co. Ltd. published this content on 26 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2021 06:01:02 UTC.
MonotaRO Co.,Ltd. is a Japan-based company principally engaged in the sale of factory indirect materials. The Company sells factory indirect materials to customers, mainly small and medium-sized manufacturing companies in Japan and overseas, by mail order using e-commerce (distribution based on the Internet). The Company publishes products purchased from domestic and foreign wholesalers and manufacturers in the web catalog of its Website and in the paper catalog distributed to each customer, and sells them directly to domestic and foreign end users. The products handled by the Company are mainly factory indirect materials, such as consumables and repair products that are routinely used in factories. The Company is also involved in the development of private brands for some products with high demand from customers.
MONOTARO CO., LTD. 
