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Notice Regarding the Determination of the Exercise Price of Stock Options

Aug. 20, 2013

TDK Corporation (the “Company”) has announced the Exercise Price of stock acquisition rights to be issued as stock options (the “Stock Acquisition Right(s)”) and other related items decided by a Board of Directors’ meeting on July 31, 2013.

  1. Total number of Stock Acquisition Rights
    1,209
    The number of shares to be allotted to each Stock Acquisition Right is 100 shares.
  2. Number of Stock Acquisition Rights allotted and number of eligible persons
    942 Stock Acquisition Rights will be allotted to 170 high-ranking TDK managers and 267 Stock Acquisition Rights will be allotted to 45 executive and high-ranking managers of TDK group companies.
  3. Amount to be paid for Stock Acquisition Rights
    No payment shall be necessary for Stock Acquisition Rights.
  4. Class and number of shares to be issued upon the exercise of the Stock Acquisition Rights
    The Company’s common stock 120,900 shares
  5. The amount to be invested when exercising Stock Acquisition Rights
    ¥383,600
    The Exercise Price: ¥3,836
    • Note: 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 21, 2013, 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.

Contact for media
Contact Phone Mail
Mr. Sumio Marukawa TDK Corporation +81 3 6778-1055 pr@jp.tdk.com
 

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