FOR IMMEDIATE RELEASE
July 13, 2007
ADVANTEST CORPORATION
(Toshio Maruyama, President and CEO)
(Stock Code Number: 6857, TSE first section)
(Ticker Symbol: ATE, NYSE)
CONTACT:
Yuri Morita
(Managing Executive Officer and
Senior Vice President, Corporate Affairs Group)
Phone: +81-(0)3-3214-7500
Notice Concerning the Determination of the Subscription Price and Other Terms of Stock Options
(Stock Acquisition Rights) to be Issued by Advantest to its Employees, etc.
Tokyo -July 13, 2007 - Advantest Corporation (the “Company”) resolved at a meeting of its Board of Directors on June 27, 2007 to issue stock options in the form of stock acquisition rights pursuant to a shareholders resolution at the 65th ordinary general meeting of shareholders. The specific terms and conditions of the issuance of stock options in the form of stock acquisition rights that were not determined at the meeting of its Board of Directors on June 27, 2007 have been determined as set forth below.
1. | Date of allocation | July 12, 2007 | |
2. | Number of stock acquisition rights allocated | 5,930 | |
3. | Class and total number of shares to be issued or delivered upon exercise of the stock acquisition rights | 593,000 shares of common stock of the Company (each stock acquisition right shall be exercisable for 100 shares) | |
4. | Subscription price to be paid upon exercise of each stock acquisition right | 556,300 yen per unit (5,563 yen per share) | |
5. | The total value of all shares (newly issued shares or treasury shares) issued or delivered upon exercise of stock acquisition rights | 3,298,859,000 yen | |
6. | Matters concerning the amount of capital and the additional paid-in capital increased by the issuance of shares upon exercise of the stock acquisition rights | (a) The amount of capital increased by the issuance of the shares upon exercise of the stock acquisition rights is 3,339 yen per share. (b) The amount of additional paid-in capital increased by the issuance of the shares upon exercise of the stock acquisition rights is 3,339 yen per share. | |
7. | The number of employees receiving stock acquisition rights | Executive officers and employees of the Company and directors and employees of its domestic and foreign subsidiaries, totaling 198. |
For Reference
(1) | The date of the meeting of the Board of Directors setting the date for the ordinary general meeting of shareholders | May 25, 2007 | |
(2) | Date of the resolution made pursuant to the ordinary general meeting of shareholders | June 27, 2007 |
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