Nissin Foods : Notice of Determination of Issuance of Stock Options as Compensation (Stock Acquisition Rights) to the Company's Executive Officers
June 24, 2021
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June 25, 2021
Koki Ando
President and Representative Director, CEO
Notice of Determination of Issuance of Stock Options as Compensation (Stock Acquisition Rights) to the Company's Executive Officers
NISSIN FOODS HOLDINGS Co., Ltd. (President and Representative Director, CEO: Koki
Ando: hereinafter "the Company") announces that some of the terms regarding the offering of stock options as compensation (stock acquisition rights) to 9 executive officers of the Company (including those who have left office) , which had not been determined when the resolution was approved by the Board of Directors held on June 2, 2021, have been determined today. Details are as follows.
Name of the stock acquisition rights
The 49th series of stock acquisition rights of NISSIN FOODS HOLDINGS Co., Ltd.
Amount to be paid in for a stock acquisition right (hereinafter "Paid-in Amount") 7,886 yen per stock acquisition right
The Company assumes the obligation to pay monetary compensation equivalent to the amount calculated by multiplying the Paid-in Amount by the number of stock acquisition rights to be granted to the executive officers of the Company who will be holders of stock acquisition rights. The executive officers of the Company to whom stock acquisition rights will be granted shall set off their claims for the monetary compensation against the Company in lieu of the payment of the Paid-in Amount.
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Nissin Foods Holdings Co. Ltd. published this content on 25 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 13:38:06 UTC.
NISSIN FOODS HOLDINGS CO., LTD. is a Japan-based holding company principally engaged in the manufacture and sale of instant foods, such as instant noodles. The Company is also involved in other food business, logistics business and other related business. The Company operates its business through five business segments. The four business segments, Nisshin Foods, Myojo Foods, Americas and China, mainly manufacture and sell instant bag noodles and cup noodles respectively. Low Temperature segment is involved in the manufacture and sale of chilled products and frozen products.
NISSIN FOODS HOLDINGS CO.,LTD. 
