LGL: Board resolution on the result of ESOP

According to Board Resolution No.06 dated April 28, 2020, the Board of Directors of Long Giang Investment and Urban Development JSC approved the following issues:

1. To re-distribute shares to employees because some employees resigned.
2. To approve the result of Employee Stock Ownership Plan (ESOP):

-       Estimated issue volume: 1,500,000 shares

-       Issue ratio: 3% on the outstanding volume

-       Issue price: 0 dongs

-       Financial resource: the undistributed after-tax profit

-       Distributed volume: 1,500,000 shares

-       Number of distributed employees: 209 persons

-       Number of current shares: 51,500,000 shares

-       Date of transferring bonus shares to employees: April 28, 2020

-       Charter capital before issuance: 500,000,000,000 dongs

-       Charter capital after issuance: 515,000,000,000 dongs.

HOSE

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