Resorttrust : Notice Concerning Completion of Allotment of Treasury Shares Disposed as Restricted Share Compensation
July 28, 2022 at 02:08 am EDT
Share
July 28, 2022
FOR IMMEDIATE RELEASE
Company name
Resorttrust, Inc.
Representative
Ariyoshi Fushimi, President
Code
4681, Prime of Tokyo Stock Exchange and
Premier of Nagoya Stock Exchange
Notice Concerning Completion of Allotment of Treasury Shares Disposed as Restricted Share Compensation
Resorttrust, Inc. ("the Company") hereby announces that it has completed the allotment of treasury shares disposed as restricted share compensation based on the resolution of the Board of Directors adopted at a meeting held on June 28, 2022. For further information, please see the "Notice Concerning Disposal of Treasury Shares as Restricted Share Compensation" dated June 28, 2022.
Outline of the Disposal
(1)
Allotment date
July 28, 2022
(2)
Class and number of shares to be
223,186 shares of common stock
disposed
(3)
Disposal price
¥2,183 per share
(4)
Total value of shares to be disposed
¥487,215,038
(5)
Allottees
11 Directors,* 223,186 shares
*Excluding Directors and Outside Directors serving
concurrently as Audit & Supervisory Committee Members
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Disclaimer
Resorttrust Inc. published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 06:07:08 UTC.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.