ORo : Notice Relating to Completion of Payment for Disposal of Treasury Shares as Restricted Stock Compensation
April 22, 2022 at 07:29 am
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Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
April 22, 2022
Company Name: ORO Co., Ltd.
Representative: Atsushi Kawata Representative Director & President
Stock Code: 3983 (Tokyo Stock Exchange, Prime Market)
Contact: Yasuhisa Hino
Senior Managing Director and
General Manager for Corporate Department
TEL: +81-3-5724-7001
Notice Relating to Completion of Payment for Disposal of
Treasury Shares as Restricted Stock Compensation
ORO Co., Ltd. (the "Company") hereby announces the completion of the payment for disposal of treasury shares as the restricted stock compensation, resolved at a meeting of its Board of Directors held on March 25, 2022. The details are described in the following table. For details, please refer to the "Notice Regarding Disposal of Treasury Shares as Restricted Stock Compensation" disclosed on March 25, 2022.
Details
Outline of the Disposal
(1)Disposal date
April 22, 2022
(2)Class and number of shares to be disposed of
6,286 shares of Common stock of the Company
(3)Disposal price
¥2,465 per share
(4)Total value of share disposal
¥15,494,990
(5)Allottees, Number Thereof and Number of Shares to Be Disposed of
the Company's directors (excluding outside directors) shares
4 persons 6,286
(6)Others
The Company has submitted a Securities Registration Statement based on the Financial Instruments and Exchange Act for the Disposal of Treasury Shares.
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ORO Co. Ltd. published this content on 22 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2022 06:27:03 UTC.
ORO Co.,Ltd. is a Japan-based company mainly engaged in the provision of business solutions that resolve top management's problems and maximize corporate value. The Company has two business segments. The Business Solutions segment is mainly involved in the development and delivering of cloud enterprise resource planning (ERP) under name ZAC Enterprise and cloud professional service automation (PSA) under name Reforma PSA, the delivering system solutions and information technology (IT) infrastructure toward companies, as well as the provision of business process outsourcing and others. The Communication Design segment is engaged in the communication strategy planning for companies and their stakeholders, the production of TVCM, magazines and advertisements on media like newspaper, the strategy planning of Website, the promotion campaigns, event planning and host services, as well as the market research, analyze, effect measurement and other services. The Company has nine subsidiaries.