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Mercari : Notice Regarding Completion of Procedures and the Partial Forfeiture of Rights for Issuance of New Shares as Restricted Stock Units (RSU)
Mercari : Notice Regarding Completion of Procedures and the Partial Forfeiture of Rights for Issuance of New Shares as Restricted Stock Units
About this update from Mercari, Inc.
Note: This document is an English translation of the original Japanese language document and has been prepared solely for reference purposes. No warranties or assurances are given regarding the accuracy or completeness of this English translation. In the event of any discrepancy between this English translation and the original Japanese language document, the original Japanese language document shall prevail in all respects. November 15, 2021 To whom it may concern: Company Name: Mercari, Inc. Representative: Shintaro Yamada, Chief Executive Officer Code: 4385; TSE Mothers Enquiries: Jun Yokota, SVP Corporate Phone: +81-3-6804-6907 Notice Regarding Completion of Procedures and the Partial Forfeiture of Rights for Issuance of New Shares as Restricted Stock Units (RSU) Mercari, Inc. (the "Company") announces the completion of procedures for issuance of new shares (the "Issuance of New Shares") as Restricted Stock Units, which was resolved at the meeting of the board of directors held on October 19, 2021, and changes in the amount of issuance of new shares resulting from the partial forfeiture of rights. For details, please refer to "Notice Regarding Issuance of New Shares as Restricted Stock Units (RSU) Award Plan". Changes in the Outline of the Issuance of New Shares After Changes Before Changes (1) Payment date November 15, 2021 November 15, 2021 (2) Type and number of shares 56,590 shares of the Common Stock 57,940 shares of the Common Stock to be issued of the Company of the Company (3) Issue price 6,510 yen per share 6,510 yen per share (4) Aggregate issue price 368,400,900yen 377,189,400 yen (5) Persons eligible for 150 employees of the subsidiaries of 151 employees of the subsidiaries of allotment, the number the Company / 56,590 shares the Company / 57,940 shares thereof, and the number of shares to be allotted 1. Reason for Changes The change in persons eligible for allotment and number of shares to be allotted is due to the forfeiture of rights by a total of one (1) persons who were eligible for allotment at the time the issuance of new shares was decided but declined the allotment of shares. 2. Future Outlook The above changes have a minimal impact on the performance of the Company for the fiscal year under review.