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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
June 24, 2022 | ||
Company name: | User Local, Inc. | |
Representative: Masao Ito, President CEO | ||
Code: | 3984, Tokyo Stock Exchange | |
Listed Prime Market | ||
Contact: | Daisuke Iwamoto, CFO | |
TEL: | +81-3－6435－2167 |
Announcement regarding Completion of Payment for
Disposal of Treasury Stock as the Restricted Stock Compensation to Employee
User Local, Inc. (hereinafter the"Company") announced that payment for disposal of treasury stock as the restricted sotock, which was resolved at its Board of Directors' meeting held on June 8, 2022, was completed today. Details of the payment are provided below. For more information about the disposal of treasury stock, please refer to "Announcemet regarding Disposal of Treasury Stock for the Restricted Stock Compensation to Employee" dated June 8, 2022.
Overview of the disposal of treasury stock
(1) Pay-in date | Friday, June 24, 2022 |
(2) Type and number of shares to be disposed | 130,000 common shares of User Local, Inc. |
(3) Disposal price of shares | JPY 1,687 per share |
(4) Total disposal value | JPY 219,310,000 |
(5) Allottees | 130,000 shares to be allocated to 45 Employee |
(6) Others | For the disposal of treasury stock, a |
Extraordinary Report has been submitted as | |
required under the Financial Instruments and | |
Exchange Act. | |
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