TIDMTKK

RNS Number : 4470L

Toray Industries Inc

12 August 2013

August 12, 2013

Toray Industries, Inc.

Notice Regarding Determination of Terms and Conditions for the Issuance of Stock Compensation-Type Stock Options (Stock Acquisition Rights)

Toray Industries, Inc. ("the Company", hereinafter) announces today that the Company has determined on the remaining terms and conditions for the issuance of Stock Acquisition Rights to its vice presidents, Members of the Board and directors decided at its meeting of the Board of Directors held on July 26, 2013. Details are as follows:

1. Maximum Number of Stock Acquisition Rights: 583

2. Issue Price of Stock Acquisition Rights: 546,000 yen for one Stock Acquisition Right (546 yen per share)

Note that the said amount to be paid for the Stock Acquisition Rights shall be set off by the corresponding amount of the remuneration claims, against the Company, of the persons who receive the allotment of Stock Acquisition Rights.

3. Allottees of the Allotment of Stock Acquisition Rights,

and the Number of Persons

and the Number of Stock Acquisition Rights to be Allotted:

 
            Allottees                 Number       Number of Stock Acquisition 
                                    of Allottees      Rights to be Allotted 
--------------------------------  --------------  ---------------------------- 
 The Company's Vice Presidents, 
  Members of the Board             26                                      453 
--------------------------------  --------------  ---------------------------- 
 The Company's Directors           26                                      130 
--------------------------------  --------------  ---------------------------- 
 Total                             52                                      583 
--------------------------------  --------------  ----------------------------

###

This information is provided by RNS

The company news service from the London Stock Exchange

END

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