Tdk Corporation Details Regarding Stock Acquisition Rights
05 Juli 2010 - 12:16PM
Dow Jones News
TIDMTDK
RNS Number : 8031O
TDK Corporation
05 July 2010
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Contacts:
Sumio Marukawa
TDK Corporation
Corporate Communications Dept.
Tel: (81)-3-5201-7102
E-mail; pr@jp.tdk.com
Determination of details regarding the specific terms of Stock Acquisition
Rights as Stock Options
for a Stock-Linked Compensation Plan
TOKYO JAPAN, July 5, 2010----- TDK Corporation (the "Company") has announced the
determination of the details regarding the specific terms of stock acquisition
rights as stock options for a stock-linked compensation plan for Directors and
Corporate Officers. The specific terms of these stock acquisition rights were
resolved by a resolution of the Company's Board of Directors on May 26, 2010.
1. Total number of stock acquisition rights
333
The number of shares to be allotted to each Stock Acquisition Right is 100
shares.
2. Number of stock acquisition rights allotted and number of eligible persons
150 stock acquisition rights will be allotted to 4 Company Directors (excluding
Outside Directors) and 183 stock acquisition rights will be allotted to 11
Corporate Officers.
3. Amount to be paid for stock acquisition rights
JPY421,300
JPY4,213 for each share
4. Class and number of shares to be issued upon the exercise of the stock
acquisition rights
33,300 share of the Company's common stock.
5. Amount to be invested when exercising stock acquisition rights
JPY100 for each stock acquisition right
JPY1 for each share
# # #
This information is provided by RNS
The company news service from the London Stock Exchange
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