June 24, 2024
Company name: Mitsubishi Chemical Group Corporation
Manabu Chikumoto,
Representative: Representative Corporate Executive Officer, President and Chief Executive Officer (Listed on The Prime Market of the Tokyo Stock Exchange; stock code: 4188
[Media]
Communications Division, Media Relations Department
Contact:Telephone: +81-3-6748-7140 [IR]
IR Department
Telephone: +81-3-6748-7120
Notice Regarding Completion of Disposition of Treasury Shares under Performance-
Linked Stock Compensation
Mitsubishi Chemical Group Corporation (MCG) hereby announces that the disposition of treasury shares under performance-linked stock compensation (hereafter, the "Treasury Share Disposition"), determined on June 7, 2024 by the Representative Corporate Executive Officer to whom the decision had been delegated by the Board of Directors, was completed today. For details of this matter, please refer to the "Notice Regarding Disposition of Treasury Shares under Performance-linked Stock Compensation" dated June 7, 2024.
Overview of Disposition
(1) | Allotment date | June 24, 2024 |
(2) | Type and number of shares for | 158,338 common shares of MCG |
disposition | ||
(3) | Disposition price and total value of | Treasury Share Disposition constitutes a disposition of the |
disposition | common shares of MCG as compensation, etc., for the | |
corporate executive officers of MCG, and does not require | ||
the payment of monies or the provision of assets in | ||
exchange for such common shares. | ||
*The fair value of the relevant common share is 804.6 | ||
yen, and the total value is 127,398,755 yen. | ||
(4) | Allottees | 158,338 shares to four (4) corporate executive officers |
*Includes retired corporate executive officers |
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Mitsubishi Chemical Group Corporation published this content on 24 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2024 07:53:46 UTC.