Notice Regarding Completion of Payment for Disposal of Dentsu Group Treasury Shares to Be Granted as Share Compensation to Merkle’s Key Management
Apr 17, 2020
- IR-Timely Disclosure
- Management
- International
Dentsu Group Inc. (Tokyo: 4324; ISIN: JP3551520004; President & CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81 million yen; hereinafter “the Company”) hereby announces that the payment for the disposal of the Company’s treasury shares (the “Disposal of Treasury Shares for Share Compensation”) to be granted as share compensation to the key management of Merkle Group Inc. (“Merkle”), the Company’s U.S. subsidiary, which was resolved at a meeting of the Company’s board of directors held on March 25, 2020, has been completed today.
Overview of the Disposal of Treasury Shares for Share Compensation
(1) Disposal period | From April 17 to April 30, 2020 |
(2) Class and number of shares subject to disposal | 2,581,200 common shares |
(3) Disposal price | 2,467 yen per share |
(4) Total disposal price | 6,367,820,400 yen |
(5) Acquirer | 25 important members of Merkle’s management: 2,581,200 common shares |
The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any state or other jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions' securities laws.
This notice shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities referred to herein, nor shall there be any offer, solicitation or sale of any of the securities referred to herein in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful.
End of Document
For Additional Inquiries
Tokyo | London | |
---|---|---|
Media – Please contact Corporate Communications: |
Shusaku Kannan: +81 3 6217 6602 s.kannan@dentsu.co.jp |
Dani Jordan: +44 744 7828 Dani.Jordan@dentsuaegis.com |
Investors & analysts – Please contact Investor Relations: |
Yuji Ito: +81 3 6217 6613 y.ito@dentsu.co.jp |
Kate Stewart: +44 (0)203 535 8237 Kate.Stewart@dentsuaegis.com |