Determination of Details of Issuance of Stock Acquisition Rights (Stock Options)
SoftBank Group Corp. (“SBG”) announced today as follows that it determined the pending details of the stock acquisition rights (the “Stock Acquisition Rights”) to be issued to certain corporate officers and employees of SBG, in accordance with the resolution passed by the Board of Directors on July 28, 2023.
1. Payment of cash in exchange for the Stock Acquisition Rights
JPY 647,200 per unit of the Stock Acquisition Rights (JPY 6,472 per share)
The amount above constitutes the fair price of the Stock Acquisition Rights and does not fall under an issuing at a discount from market price. Further, each person who intends to subscribe to the Stock Acquisition Rights will acquire the Stock Acquisition Rights as a result of setting off the obligation to pay the amount to be paid in for the Stock Acquisition Rights against the remuneration claim he/she holds against SBG (which includes the claim when SBG assumes the obligation of payment for that claim against subsidiaries of SBG), instead of paying the amount to be paid in.
2. Persons to be allotted the Stock Acquisition Rights, the number of such persons, and the number of the Stock Acquisition Rights to be allotted
1,602 units to 209 persons in total (corporate officers and employees of SBG)
For the outline of the issuance of the Stock Acquisition Rights not included above, please refer to “Issuance of Stock Acquisition Rights (Stock Options)” dated July 28, 2023.
Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.