ORo : Notice Relating to Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation
April 23, 2021 at 07:04 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 23, 2021
Company Name: ORO Co., Ltd.
Representative: Atsushi Kawata
Representative Director & President
Stock Code: 3983 (Tokyo Stock Exchange, First Section)
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 Stock as Restricted Stock Compensation
ORO Co., Ltd. (the "Company") hereby announces the completion of the payment for disposal of treasury stock as the restricted stock compensation, resolved at a meeting of its Board of Directors held on March 25, 2021. The details are described in the following table. For details, please refer to the "Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation" disclosed on March 25, 2021.
Details
Outline of the Disposal
(1)
Disposal date
April 23, 2021
(2)
Class and number of
4,807 shares of Common stock of the Company
shares to be disposed of
(3)
Disposal price
¥3,535 per share
(4)
Total value of share
¥16,992,745
disposal
(5)
Allottees, Number
Thereof and Number of
the Company's directors (excluding outside directors) 4 persons 4,807
Shares to Be Disposed
shares
of
(6)
Others
The Company has submitted a Securities Registration Statement based on
the Financial Instruments and Exchange Act for the Disposal of Treasury
Stock
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Disclaimer
ORO Co. Ltd. published this content on 23 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2021 06:03:06 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.