METAWATER : Completion of Payment for Disposal of Treasury Shares as Share Remuneration with Restriction on Transfer
July 20, 2022 at 12:44 pm IST
Share
July 20, 2022
TRANSLATION - FOR REFERENCE ONLY
Company
METAWATER Co., Ltd.
Representative
Kenji Yamaguchi, President and Representative Director
(Securities code: 9551 Prime Market of Tokyo Stock Exchange)
Contact
Shingo Nishimura, Executive General Manager, Corporate
Strategy Planning Office
(Tel: +81-3-6853-7317)
Completion of Payment for Disposal of Treasury Shares as Share Remuneration with
Restriction on Transfer
METAWATER Co., Ltd. (the "Company") hereby announces that payment procedures for the disposal of treasury stock as share remuneration with restriction on transfer, which was resolved at a meeting of the Board of Directors held on June 21, 2022, were completed on July 20, 2022.
Please refer to "Disposal of Treasury Shares as Share Remuneration with Restriction on Transfer," dated June 21, 2022, for details.
Outline of disposal of treasury stock
(1)
Class and number of
28,000 shares of the Company's common stock
shares to be disposed
(2)
Disposal price
1,887 yen per share
(3)
Total disposal value
52,836,000 yen
Directors (excluding Outside Directors) of the Company
Parties to acquire the
4 persons
7,800 shares
Executive Officers not concurrently serving as Directors of the Company
shares, number of
(4)
persons, and number of
11 persons
15,000 shares
shares to be disposed of
Executive Advisors of the Company
4 persons
5,200 shares
(5)
Date of disposal
July 20, 2022
1
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Disclaimer
Metawater Co. Ltd. published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 07:13:05 UTC.
METAWATER Co.,Ltd. is a Japan-based company primarily engaged in the design, construction, repair, maintenance and operation management of mechanical and electrical equipment for water purification plants, sewage treatment plants, waste treatment facilities and recycling facilities. The Company operates its business in two business segments. The Plant Engineering segment involves in the design, procurement and sale of mechanical and electrical equipment used in water purification plants and sewage treatment plants. The Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance and other services.