Translation
Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
September 3, 2025
Company: | PRESS KOGYO CO., LTD |
(URL: https://www.presskogyo.co.jp) | |
Representative: | Yuki Shimizu, President & CEO |
(Stock code: 7246; Tokyo Stock Exchange, Prime Market) | |
Contact: | Takanori Sasaoka, Executive Officer and General Manager, General Affairs Dept. |
TEL: | 044-276-3901 |
PRESS KOGYO CO., LTD. (the "Company") hereby announces that it completed payment procedures today for the disposal of treasury shares with Press Kogyo Employees' Shareholdings and Press Kogyo Group Employees' Shareholdings as the scheduled allottee, which was resolved at the meeting of its Board of Directors held on May 13, 2025, as detailed below.
In addition, changes were made to the initially planned total number of shares disposed and total disposition price due to partial forfeiture, and the details of those changes are also announced.
For details regarding this matter, please refer to the "Notice Concerning Disposal of Treasury Shares as Share Grants via the Employee Shareholding Association" released on May 13, 2025.
Overview of disposal of treasury shares (Underlined portions indicate changes.)
After changes
Before changes
(1) Date of disposal:
September 3, 2025
September 3, 2025
(2) Type and total number of shares disposed:
Common shares of the Company 117,500 shares
Common shares of the Company 266,000 shares
(3) Disposal price of shares:
562 yen per share
562 yen per share
(4) Total disposition price:
66,035,000 yen
149,492,000 yen
(5) Method of the Disposal: (Scheduled allottee)
By way of third-party allotment. (Press Kogyo Employees'
Shareholdings 103,400 shares) (Press Kogyo Group Employees' Shareholdings 14,100 shares)
By way of third-party allotment. (Press Kogyo Employees'
Shareholdings 185,000 shares) (Press Kogyo Group Employees' Shareholdings 81,000 shares)
Reason for changes
The changes to the total number of shares disposed and the total disposition price have arisen as a result of the conclusion of the membership promotion conducted by the employee shareholding associations and the finalization of the number of members.