Metaplanet Announces Stock Option Exercise and Bond Redemption

According to PANews, Metaplanet has announced that it exercised 591,900 shares of its 17th stock option series from early March to March 26, representing 14.1% of the total issued shares. Additionally, the company has decided to redeem 1.5 billion yen of its ninth series of ordinary bonds ahead of schedule, originally planned for a 2 billion yen issuance. The funds for the redemption will come from the proceeds of exercising stock options from the 14th to the 17th series.