Notice regarding Determination of Details of Issuance of Paid-in Stock Options (Stock Acquisition Rights) with Performance Conditions
SMS CO., LTD. (the “Company”) hereby announces that it finalized the undetermined items of the stock options (the “Stock Acquisition Rights”) with performance conditions to be issued with charge to the directors and employees of the Company and its subsidiaries in accordance with the board of directors’ resolution of May 23, 2018. The details are unchanged from what the Company disclosed on May 23, 2018.
１．Allottees of Stock Acquisition Rights and number thereof, and number of Stock Acquisition Rights to be allotted
Directors and employees of the Company and its subsidiaries, totaling 47 persons, and a total of 1,800 Stock Acquisition Rights.
２．Total number of Stock Acquisition Rights
1,800 units
３．Class and number of shares underlying Stock Acquisition Rights
The number of shares underlying Stock Acquisition Right shall be 180,000 shares of the Company’s common stock.
For reference:
“Notice regarding Issuance of Paid-in Stock Options (Stock Acquisition Rights) with Performance Conditions” released on May 23, 2018.