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Notification Regarding Exercise Price of Stock Options
Tokyo, July 1, 2008 - Impress Holdings, Inc. (TSE: 9479) today announced that the company’s board of directors today passed a resolution, based on the resolution passed at the 16th Ordinary General Meeting of Shareholders held on June 21, 2008, setting specific conditions for the issuing of stock options to corporate officers and employees of the Company, and to directors and employees of its subsidiaries (No. 12 Reservation Rights for New Shares), and to directors of the Company (No. 13 & No. 14 Reservation Rights for New Shares).
Of the specific details for the issuing of these stock options (No. 12, No. 13 & No. 14 Reservation Rights for New Shares), the board resolution passed today fixed the “value of property to be contributed upon exercising stock options” (exercise price) as follows:
Details
| No. 12 Reservation Rights for New Shares |
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Value of property to be contributed upon exercising stock options |
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20,800 yen per stock option |
| No. 13 Reservation Rights for New Shares |
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Value of property to be contributed upon exercising stock options |
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20,800 yen per stock option |
| No. 14 Reservation Rights for New Shares |
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Value of property to be contributed upon exercising stock options |
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20,800 yen per stock option |
Note: For further details other than the above with regard to the respective stock options,
please refer to the notifications regarding issuing of stock options dated June 30, 2008.
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