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IIJIY Internet Initiative Japan Inc (PK)

32.50
0.00 (0.00%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Internet Initiative Japan Inc (PK) USOTC:IIJIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 32.50 31.10 34.40 8 21:00:35

Notice Regarding the Terms and Conditions Concerning the Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition...

13/07/2012 10:41am

GlobeNewswire Inc.


Internet Initiative Japan (PK) (USOTC:IIJIY)
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Internet Initiative Japan Inc. ("IIJ") (Nasdaq:IIJI) (TSE1:3774) hereby announces that it has determined the remaining terms and conditions concerning the issuance of stock-compensation-type stock options ("Stock Acquisition Rights"), resolved by the IIJ's Board of Directors on June 27, 2012, to be allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ, as follows.

1. Total number of Stock Acquisition Rights

130 rights

2. Class and total number of shares underlying the Stock Acquisition Rights

130 shares of the Company's common stock (The number of shares to be issued or transferred for each Stock Acquisition Rights shall be 1 share)

3. Amount to be paid in exchange for the Stock Acquisition Rights

JPY318,562 per Stock Acquisition Rights (JPY318,562 per share of common stock)

The Stock Acquisition Rights are allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ by offsetting their monetary remuneration claims against the Company and their obligations to pay for the allotment of the Stock Acquisition Rights.

4. Position and number of persons to be allotted the stock acquisition rights and number of stock acquisition rights to be allotted:

Directors (excluding Part-time and Outside Directors) of IIJ 6 Directors 74 rights
Executive Officers of IIJ 11 Executive Officers 56 rights

About IIJ

Founded in 1992, Internet Initiative Japan Inc. is one of Japan's leading Internet-access and comprehensive network solutions provider. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers. The company's services include high-quality systems integration and security services, Internet access, hosting/housing, and content design. Moreover, the company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. IIJ listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange in 2006. For more information about IIJ, visit the IIJ Web site at http://www.iij.ad.jp/en/.

The Internet Initiative Japan Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4613

The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by Internet Initiative Japan Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

CONTACT: For inquiries, contact:
         IIJ Corporate Planning Division
         Tel: +81-3-5259-6500
         E-mail: ir@iij.ad.jp
         URL: http://www.iij.ad.jp/ir

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