February 26, 2009
- GMO Internet, Inc.
February 24, 2009
Press Release
GMO Internet Inc.
Notification Regarding Stock Options (New Equity Warrants)
At a meeting of the GMO Internet Board of Directors convened today it was resolved to submit the following proposals to the 2009 Annual General Stockholders Meeting to be held on March 26, 2009.
The gratis issue of equity warrants as stock options to GMO Internet Directors, Auditors, and employees as well as Directors, Auditors, and employees of the company’s subsidiaries in accordance with the provisions of Corporation Law Articles 236, 238 and 239; the delegation of decisions regarding allocation to the company's Board of Directors, and a proposal seeking the approval of a method of calculation for allocating equity warrants to the company’s Directors and Auditors as non monetary compensation.
Please refer to the announcement published on the Investor Relations site (URL: http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20090224_3_e.pdf) for the following details:
Media Inquiries
1. Reasons for the Gratis Issue of Equity Warrants and Reasons for Other Proposals
2. Equity Warrant Details
(1) Beneficiaries of the Allocation of Equity Warrants
(2) Number and Type of Shares Associated with Equity Warrants
(3) Total Number of Share Warrants
(4) Amount to be Paid-In in Exchange for Equity Warrants
(5) Calculating the Amount to be Paid-in on Exercise of Equity Warrants
(6) Period during which Equity Warrants may be Exercised
(7) Conditions for the Exercise of Equity Warrants
(8) Reasons and Conditions for the Acquisition of Equity Warrants
(9) Restrictions on Transfer of Equity Warrants
(10) Items concerning Increases in Capital and Capital Reserve following the Issue of New Shares due to Exercise of Equity Warrants
(11) Handling of Fractional Shares
(12) Calculating the Value of Equity Warrants as Compensation
GMO Internet Inc. Group PR Team
E-mail：[email protected]
About GMO Internet Group
GMO Internet Group, headquartered in Japan, is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services worldwide. The group holds top domestic market share in domain registration, web hosting, and payment processing and provides a host of other Internet services including global online security services, e-commerce solutions, and Internet advertising to both businesses and individuals. At the centre of the group is GMO Internet, Inc. a company listed on the prestigious first section of the Tokyo Stock Exchange (TSE: 9449).
GMO Internet Inc.
Company Name | GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449) |
Address | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Internet Use Support (Infrastructure) - Internet Advertising Support (Media) |
Capital | 1,276,830,000 yen |