FOR IMMEDIATE RELEASE
September 26, 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
Advantest Issues Stock Option (Stock Acquisition Rights) to Employees
Tokyo -September 26, 2007 - Advantest Corporation (the “Company”) resolved at a meeting of its Board of Directors today to issue stock options in the form of stock acquisition rights pursuant to Articles 236, 238 and 239 of the Company Law and a shareholders resolution at the 65th ordinary general meeting of shareholders under the terms set forth below.
1. | Date of allocation | September 26, 2007 | |
2. | Number of stock acquisition rights allocated | 20 | |
3. | Payment to be made as consideration for the stock acquisition rights | No payment is required. | |
4. | Class and total number of shares to be issued or delivered upon exercise of the stock acquisition rights | 2,000 shares of common stock of the Company (each stock acquisition right shall be exercisable for 100 shares) | |
5. | Total subscription price to be paid upon exercise of each stock acquisition right | 556,300 yen per unit (5,563 yen per share) | |
6. | The total value of all shares (newly issued shares or treasury shares) issued or delivered upon exercise of stock acquisition rights | 11,126,000 yen | |
7. | Exercise period of the stock acquisition rights | Between April 1, 2008 and March 31, 2012 | |
8. | 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 2,922 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 2,922 yen per share. |
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9. | The number of employees receiving stock acquisition rights | Employee of the Company’s foreign subsidiary, totaling 1. |
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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