Yondoshi : Notice Concerning the Determination of Certain Terms and Conditions of the Thirteenth Issuance of Stock Options (New Share Subscription Rights)
August 20, 2020 at 03:31 am EDT
Share
August 20, 2020
To Whom It May Concern
Company Name:
YONDOSHI HOLDINGS INC.
Representative:
Saishi Kimura
Chairman and Representative Director・
CEO
Listing:
First Section, Tokyo Stock Exchange
Securities Code:
8008
Inquiries:
Masahiko Nishimura
Director and Executive Officer responsible
for Finance
Telephone:
+81-3-5719-3429
Notice Concerning the Determination of Certain Terms and Conditions
of the Thirteenth Issuance of Stock Options (New Share Subscription Rights)
YONDOSHI HOLDINGS INC. (hereinafter referred to as "YONDOSHI HOLDINGS" or "the Company") today announced that in connection with the issuance of new share subscription rights and their allotment to the Company's directors as stock options (hereinafter referred to as "the YONDOSHI HOLDINGS INC. Thirteenth Series New Share Subscription Rights"), resolved at a meeting of the Company's Board of Directors held on August 19, 2020, YONDOSHI HOLDINGS has determined certain applicable terms and conditions that had yet to be decided. Brief details are presented as follows.
(1)
The total number of new share
210 rights
subscription rights
(100 shares per one new share subscription right)
(2)
The scope and number of eligible
Five (5) Directors of YONDOSHI HOLDINGS INC.
persons to whom new share
subscription rights shall be
issued
The amount to be paid for new share subscription rights
¥21,600 per new share subscription right (¥216 per share)
(Individuals eligible to receive new share subscription rights shall offset their right to remuneration applicable to the Company against the amount they are obligated to pay with respect to the new share subscription rights)
The amount of assets to be paid upon exercise of new share subscription rights
¥193,000 per share subscription right (¥1,930 per share)
END
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Yondoshi Holdings Inc. published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2020 07:31:07 UTC
YONDOSHI HOLDINGS INC. is a Japan-based company mainly engaged in the operation of brand business mainly in jewelry. The Company operates through two business segments. The Jewelry segment is involved in the plan, manufacture and sale of brand business, mainly for products such as jewelry and bags. The main brands include 4 ° C, canal 4 ° C, EAU DOUCE 4 ° C, Luria 4 ° C and others. The Apparel segment is involved in the manufacturer and apparel function that plan and propose overseas production background in China, Vietnam, Bangladesh and others, centering on apparel and bags. The company operates major apparel, specialty stores and general merchandise stores (GMS) in main markets. This segment is also involved in the retail business which focuses on women's clothing, fashion accessories and practical apparel on Western Japan.
Yondoshi : Notice Concerning the Determination of Certain Terms and Conditions of the Thirteenth Issuance of Stock Options (New Share Subscription Rights)