FOR IMMEDIATE RELEASE
February 28, 2008
ADVANTEST CORPORATION
Toshio Maruyama, Representative Board Director, President & CEO
Stock Code Number: 6857, TSE first section
NYSE Ticker Symbol: ATE
CONTACT:
Yuri Morita
Managing Executive Officer &
Senior Vice President, Corporate Affairs Group
Phone: +81-(0)3-3214-7500
Advantest Issues Stock Option (Stock Acquisition Rights) to an Employee
Tokyo –February 28, 2008 – 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 | February 28, 2008 |
2. | Number of stock acquisition rights allocated | 10 |
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 | 1,000 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 | 5,563,000 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 2,882 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 2,881 yen per share. |
9. | The number of employees receiving stock acquisition rights | One employee of the Company’s foreign subsidiary. |
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 |