Press Releases 2020
Notice Regarding Determination of Details of
Issuance of Stock Acquisition Rights (Stock Options)
July 31, 2020
SoftBank Corp.
SoftBank Corp. (hereinafter the “Company”) hereby announces that it has finalized the undetermined items of the stock acquisition rights to be issued to executive officers and employees of the Company (hereinafter the “Stock Acquisition Rights”) in accordance with the resolution of the Board of Directors on June 24, 2020, as stated below.
Payment of cash in exchange for the Stock Acquisition Rights
JPY 125,400 per unit of the Stock Acquisition Rights (JPY 1,254 per share)
The amount above constitutes the fair price of the Stock Acquisition Rights and does not fall under an issuing at a discount from market price. Further, each person who intends to subscribe to the Stock Acquisition Rights will acquire the Stock Acquisition Rights as a result of setting off the obligation to pay the amount to be paid in for the Stock Acquisition Rights against the remuneration claim he/she holds against the Company, instead of paying the amount to be paid in.
(Reference)
Please refer to “Notice Regarding Issuance of Stock Acquisition Rights (Stock Options)” announced on June 24, 2020 for the outline of the issuance of the Stock Acquisition Rights not included above.