G-7 Holdings Inc.TSE: 7508

Notice Concerning Disposal of Treasury Shares as Restricted Share-Based Remuneration

· Issued by G-7 Holdings Inc. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

G-7 Holdings Inc. has announced the disposal of treasury shares as restricted share-based remuneration, resolved by its Board of Directors. The company plans to allot a specific number of shares to its directors and those of its subsidiaries as part of a remuneration plan approved at a recent shareholders meeting. The disposal price is based on the market share price prior to the Board's resolution, ensuring it is reasonable and not overly favorable. The filing outlines the terms of the share allotment, including restrictions on transfer and conditions for lifting those restrictions.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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