TIDMTDK
RNS Number : 5100M
TDK Corporation
17 August 2011
Contacts:
Sumio Marukawa
TDK Corporation
Corporate Communications Dept.
Tel: (81)-3-5201-7102
E-mail; pr@jp.tdk.com
Notice Regarding the Determination of the Exercise Price of
Stock Options
- Stock Acquisition Rights -
TOKYO JAPAN, August 17, 2011----- TDK Corporation (the
"Company") has announced the Exercise Price of stock acquisition
rights to be issued as stock options (the "Stock Acquisition
Right(s)") and other related items decided by a Board of Directors'
meeting on July 28, 2011.
1. Total number of Stock Acquisition Rights
919
The number of shares to be allotted to each Stock Acquisition
Right is 100 shares.
2. Number of Stock Acquisition Rights allotted and number of
eligible persons
544 Stock Acquisition Rights will be allotted to 104
high-ranking TDK managers and 375 Stock Acquisition Rights will be
allotted to 70 executives and high-ranking managers of TDK group
companies.
3. Amount to be paid for Stock Acquisition Rights
No payment shall be necessary for Stock Acquisition Rights.
4. Class and number of shares to be issued upon the exercise of
the Stock Acquisition Rights
The Company's common stock 91,900 shares
5. The amount to be invested when exercising Stock Acquisition
Rights
JPY 456,700
The Exercise Price: JPY 4,567
Note: The Exercise Price is an amount which is the average of
the closing prices of the
Company's shares of common stock on the Tokyo Stock Exchange on
each day (other
than any day on which no sale is reported) of the month
immediately preceding the
month in which the date of the issue of the Stock Acquisition
Rights, August 18, 2011,
falls, multiplied by 1.05 with any amount less than one Japanese
yen arising out of
such calculation to be rounded upward to the nearest yen.
# # #
This information is provided by RNS
The company news service from the London Stock Exchange
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