Stock Acquisition Rights to be issued in February 2016
Asahi Glass Co., Ltd. (“the Company”) reached the decision at its meeting of the Board of Directors on February 5, 2016, to establish the terms and conditions regarding the offering stock acquisition rights as stock compensation-type stock options to its executive officer who does not serve concurrently as a director of the Company, and to solicit subscribers to the said stock acquisition rights. In this regard, please be informed that today, the amount to be paid in exchange for the said stock acquisition rights and other related items were decided as in the following:
- Name of the Stock Acquisition Rights: “Asahi Glass Co., Ltd. – Stock Acquisition Rights (Stock Compensation-type Stock Option) to be issued in February 2016”; (hereinafter referred to as the “Stock Acquisition Right”)
- Date of the Allotment of the Stock Acquisition Rights: February 22, 2016
- Total Number of the Stock Acquisition Rights: 61 (The number of shares to be issued or transferred upon exercise of one Stock Acquisition Right shall be 1,000 shares.)
- Person Eligible for the Allotment of the Stock Acquisition Rights, and the Number of Person and the Number of the Stock Acquisition Rights to be Allotted: Executive officer who does not serve concurrently as director of the Company: 61 Stock Acquisition Rights to 1 executive officer
- The Amount to be Paid in Exchange for the Stock Acquisition Rights: 331,000 yen in exchange for one Stock Acquisition Right (331 yen per share) Note that the said amount to be paid in exchange for the Stock Acquisition Rights shall be set off against the corresponding amount of the remuneration claims of the person who receives the allotment of Stock Acquisition Rights.
- Total Amount to be Paid in Exchange for Stock Acquisition Rights: 20,191,000 yen
