Tokyo, Japan – May 16, 2001 - Trend Micro Inc. (NASDAQ:TMIC, Tokyo TSE:4704), a leading provider of antivirus and Internet content security software, today resolved on certain conditions for the subscription warrants in connection with the issuance of the bonds with subscription warrants at the meeting of its Board of Directors held on May 8, 2001. The Company also resolved on the issue price and other conditions in connection with the grant of stock option which was resolved at the 12th ordinary general meeting of its shareholders held on March 27, 2001 and at the meeting of its Board of Directors held on May 8, 2001. This stock option is to be granted by means of subscription rights for new shares of the Company, pursuant to Article 280-19 of the Commercial Code of Japan, to certain directors and employees of the Company and its subsidiaries qualifying for the special related business as defined in Paragraph 1 of Article 9 of the Corporate Rehabilitation Law of Japan.
1. Date of resolution:
May 8, 2001
2. Date of payment:
June 4, 2001
3. Date of delivery of certificates representing subscription warrants:
June 5, 2001
Trend Micro Incorporated (TSE: 4704), a global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the Trend Micro™ Smart Protection Network™ cloud security infrastructure, our industry-leading cloud-computing security technology, products and services stop threats where they emerge, on the Internet, and are supported by 1,000+ threat intelligence experts around the globe.
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