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July 26, 2024 at 02:22 am EDT
July 26, 2024
To whom it may concern,
Company: Japan Lifeline Co., Ltd.
Representative: Keisuke Suzuki, President and CEO (Code: 7575 TSE Prime Market)
Contact person: Takeyoshi Egawa, Vice President, Senior Manager of Business Administration Department (TEL. +81-3-6711-5200)
Japan Lifeline Announces Completion of Payment for Disposal of Treasury Stock as Restricted Stock
Incentive Plan for Employee Shareholding Association and Partial Forfeiture
Japan Lifeline Co., Ltd. (“the Company”) hereby announces that payment procedures regarding disposal of treasury stock as a Restricted Stock Incentive Plan for Japan Lifeline Employee Shareholding Associations (“the ESA”) was completed today, that was resolved at the Board of Directors’ meeting held on May 1, 2024. The result of treasury stock is as follows. The company announces that there have been changes to the number of shares to be disposed of and the total amount to be disposed that initially planned due to partial forfeiture as described below. For details concerning this matter, please refer to “Japan Lifeline Announces Disposal of Treasury Stock as Restricted Stock Incentive Plan for Employee Shareholding Association” dated on May 1, 2024.
1. Summary of the Disposal of treasury stock (Changes are underlined.)
After the change |
Before the change |
||
(1) |
Disposal date |
July 26, 2024 |
July 26, 2024 |
(2) |
Class and number of |
140,259shares of common stock of |
156,995shares of common stock of |
shares to be disposed of |
the Company |
the Company |
|
(3) |
Disposal price |
1,165 yen per share |
1,165 yen per share |
(4) |
Total amount disposed |
163,401,735yen |
182,899,175yen |
(5) |
Allotment method |
By way of third-party allotment |
By way of third-party allotment |
(Scheduled allottee) |
(The ESA 140,259shares) |
(The ESA 156,995shares) |
|
2. Reason for the change
The change in the number of shares to be disposed of and the total amount disposed was made since the number of members of the ESA who consent to the Restricted Stock Incentive Plan for the ESA has been fixed.
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JLL – Japan Lifeline Co. Ltd. published this content on
26 July 2024 and is solely responsible for the information contained therein. Distributed by
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26 July 2024 06:21:01 UTC.
Japan Lifeline Co., Ltd. is a Japan-based company mainly engaged in the import, manufacture and sale of cardiac circulators and other medical devices. The Company is mainly engaged in the production of rhythm devices, electrophysiological (EP) and ablations, surgical products and intervention products. The rhythm devices include cardiac pacemakers, implantable cardioverter defibrillator (ICD), cardiac resynchronization therapy defibrillator (CRT-D) and other rhythm devices. The EP and ablations include EP catheters for cardiac arrhythmia examination, ablation catheters for arrhythmia treatment and other EP and ablations. The surgical products include prosthetic heart valves and annuloplasty rings for heart disease surgical treatment, vascular grafts, open stent grafts and stent grafts for aortic disease treatment, as well as other surgical products. The intervention products include balloon catheters, guide wires, penetration catheters and other intervention products.
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