September 15, 2021 | |
For Immediate Release | |
Company name: | Relo Group, Inc. |
Representative: | Kenichi Nakamura |
President & Representative Director | |
(Code: 8876, First Section of TSE) | |
Contact: | Yasushi Kadota |
Senior Managing Director | |
(Tel: +81-3-5312-8704) |
Notice of the Payment Completion and Partial Loss of Rights of the Disposal of
Treasury Stock as Restricted Stock Compensation
The Relo Group (the Group) announces that it has completed the payment procedures for the disposal of treasury stock, and that the number of shares to be disposed has been changed from that originally planned due to partial loss of rights, for the disposal of treasury stock as restricted compensation, as announced in the "Notice of Disposal of Treasury Stock as Restricted Compensation" on August 12, 2021. Details are as follows.
For details, please refer to the "Notice of Disposal of Treasury Stock as Restricted Compensation" announced on August 12, 2021.
1. Changes to the Overview of Disposal (changes are underlined)
After Change | Before Change | ||
(1) | Date of Disposal | September 15, 2021 | September 15, 2021 |
(2) | Class and Number of | 1,271,700 sharesof common | 1,274,100 shares of common |
Shares to be Disposed | shares of the Group | shares of the Group | |
(3) | Disposal Value | ¥2,418 per share | ¥2,418 per share |
(4) | Total Disposal Value | ¥3,074,970,600 | ¥3,080,773,800 |
(5) | Allottees and Number | Employees of the Group | Employees of the Group |
thereof, Number of | : 31 persons 163,500 shares | : 31 persons 163,500 shares | |
Shares to be Alloted | Executive officers of the Group's | Executive officers of the Group's | |
subsidiary | subsidiary | ||
: 37 persons 324,900 shares | : 37 persons 324,900 shares | ||
Employees of the Group's | Employees of the Group's | ||
subsidiary | subsidiary | ||
: 394 persons 783,300 shares | : 396 persons 785,700 shares | ||
2. Reason of Change
The difference between the planned and actual number of shares to be disposed is due to the partial loss of rights of the 2 allottees at the time the decision was made to dispose the treasury stock, but no longer meet the requirements.
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