Lead Real Estate Co., Ltd's Chairman, CEO, and director entered into lock-up agreements

From GlobeNewswire.: 2024-06-21 08:30:00

Lead Real Estate Co., Ltd announced that Chairman and CEO Eiji Nagahara, CFO Daisuke Takahashi, and a director of the company entered into lock-up agreements covering 90% of the outstanding shares until November 7, 2024. Nagahara stated that this initiative will help bridge the gap between the current market valuation and the company’s intrinsic fair value, demonstrating management’s commitment to long-term growth strategies and maximizing shareholder value. The company develops luxury residential properties in Tokyo, Kanagawa prefecture, and Sapporo, aiming to offer stylish, safe, and luxurious living options to customers and expand globally.

For more information, please visit the company’s website. The company’s vision includes adopting the Kaizen approach to improve operations and creating a global transaction platform for prime Japanese and overseas condominiums. Forward-looking statements were issued regarding future expectations and prospects, with a disclaimer of not obligating updates based on new information or events. Contact information for media and investor relations was provided.



Read more at GlobeNewswire.: Lead Real Estate Co., Ltd Announces Voluntary Lock-up