timely disclosure

Investor Relations (IR)
2021.09.24

Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation

#Company Information・Management #Investor Relations #timely disclosure

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September 24, 2021
Company:Nippon Paint Holdings Co., Ltd. Representative:Yuichiro Wakatsuki
Representative Executive Officer & Co-President
Wee Siew Kim
Representative Executive Officer & Co-President
(Code No.: 4612; TSE 1st Section)
Contact:Ryosuke Tanaka,
General Manager of Investor Relations
(TEL +81-50-3131-7419)

Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation

Nippon Paint Holdings Co., Ltd. (the “Company”) announces that the disposal of treasury shares as restricted stock compensation was completed today as described below, based on the decision made at the Compensation Committee meeting held on August 31, 2021 and the decision by the Representative Executive Officers and Co-Presidents. For details, please refer to “Notice Regarding Disposal of Treasury Shares as Restricted Stock Compensation” dated August 31, 2021.

Overview of the Disposal of Treasury Shares

(1)
Class and number of shares disposed of
Common shares of the Company: 61,600 shares
(2)
Disposal price
1,352 yen per share
(3)
Total value of shares disposed of
83,283,200 yen
(4)
Recipients and the number thereof; and the number of shares disposed of
Directors of the Board of the Company: 7 persons/27,300 shares
Executive Officer of the Company: 1 person/ 34,300 shares
(5)
Disposal date
September 24, 2021

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