-- Note (TYO:5243) will issue stock acquisition rights to directors and employees of its subsidiaries to align incentives with share performance and support medium- to long-term value creation, according to a Tuesday filing on the Tokyo Stock Exchange.
The company plans to grant 300 stock option units, representing 30,000 common shares, with an allotment date set for April 29. The options will be issued free of charge, with the exercise price linked to the closing share price on April 14.
The exercise period will run from April 15, 2028, to April 14, 2036.
Note's shares closed nearly 10% higher on Thursday.