Press Kogyo : Notice Concerning Completion of Payment for Disposal of Treasury Shares as Restricted Share-based Remuneration
July 28, 2023 at 04:41 am
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Notice: This document is a 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.
(Stock code: 7246; Tokyo Stock Exchange, Prime Market)
Contact:
Takanori Sasaoka,
General Manager, General Affairs Dept.
TEL:
044-276-3901
Notice Concerning Completion of Payment for Disposal of Treasury Shares as Restricted
Share-based Remuneration
PRESS KOGYO CO., LTD. (the "Company") hereby announces that, regarding the disposal of treasury shares as restricted share-based remuneration as resolved at a meeting of the Board of Directors held on June 29, 2023, the Company has completed the payment procedures today as follows. For details regarding this matter, please refer to the "Notice Concerning Disposal of Treasury Shares as Restricted Share-based Remuneration" released on June 29, 2023.
Overview of disposal of treasury shares
(1)
Type and total number of shares to be
Common stock of the Company
disposed:
87,600 shares
(2)
Disposal price of shares:
606 yen per share
(3)
Total disposition price:
53,085,600 yen
(4)
Disposal recipients, the number of such
Directors of the Company (excluding
recipients, and the number of shares to be
Directors who are Audit & Supervisory
disposed of:
Committee Members, Non-executive
Directors and External Directors)
7 Directors / 45,900 shares
Executive Officers of the Company who do
not concurrently serve as Directors
13 Executive Officers / 41,700 shares
(5)
Date of disposal:
July 28, 2023
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Press Kogyo Co. Ltd. published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 08:40:04 UTC.
PRESS KOGYO CO., LTD. is a Japan-based company primarily engaged in the manufacture of automotive parts and construction machinery. The Company operates in two business segments. The Automobile-related segment is involved in the manufacture and sale of automotive parts, automotive assembly and automobile molds. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery parts. The Company is also engaged in manufacture and sale of building-related parts and multi-story parking equipment. The main products include chassis frame, completed vehicle assembly, side cover, transmission cover, under cover, front bumper, front pillar inner, mold & automation equipment axle, motorcycle garage, cabin for construction machinery, and among others.
PRESS KOGYO CO., LTD. 
