TOKYO, Aug. 9, 2004 (PRIMEZONE) -- TDK Corporation (the "Company") announced that the Exercise Price of the stock acquisition rights to be issued as stock options (the "Stock Acquisition Right(s)") and other related items were decided pursuant to the resolution of the board of directors held on July 29, 2004.
1. Issue date of Stock Acquisition Rights:
August 6, 2004
2. Total number of Stock Acquisition Rights:
2,343.
The number of shares to be allotted to each Stock Acquisition Right
is 100 shares.
3. Class and number of shares to be issued upon exercise of Stock
Acquisition Rights:
234,300 shares of common stock of the Company
4. Amount to be paid upon the exercise of each Stock Acquisition
Right:
Y814,700
The Exercise Price: Y8,147
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 6, 2004,
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.
5. Total paid-in value of the shares of the common stock of the
Company to be issued or transferred upon exercise of all the Stock
Acquisition Rights: Y1,908,842,100
6. The amount out of issue price of new shares to be accounted as
paid-in capital of the Company:4,074 yen per share
* (1) Date of resolution of the board of directors that decided the
proposal at the 108th ordinary annual general meeting of
shareholders: April 28,2004
(2) Date of resolution of the 108th ordinary annual general meeting
of shareholders: June 29, 2004
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