Friday, 11/02/2011 17:42

VNM: THE 2010 ESOP

Viet Nam Dairy Products Joint Stock Company (VINAMILK) (HOSE: VNM) has announced ESOP on the 2010 business results as follows:

• Issuer: Viet Nam Dairy Products Joint Stock Company

• Address: 184-186-188 Nguyen Dinh Chieu St., Dist. 3, HCMC.

• Tel: +848 3930 0358  Fax: +848 3930 5206

• Current charter capital: VND3,530,721,200,000

• Current share volume: 353,072,120 shares

• Offering volume for employees: 3,512,650 shares (0.9949% charter capital)

• Stock name: Shares of Viet Nam Dairy Products Joint Stock Company

• Stock type: Common stock

• Par value: VND10,000/share

• Offering price: VND10,000/share

• Criterions: the employee list basing on approval of the BOD

• Transference restriction in three years:

- The first year: 30% of paid shares will be transferred after 12 months as from the listing date;

- The second year: after 12 months as from the date of allowing to transfer shares of the first year, the employee will be allowed to continue transferring 35% of paid share;

- The third year: after 12 months as from the date of allowing to transfer shares of the second year, the employee will be allowed to continue transferring 35% of the remains.

• Place for the registration: Head office of VINAMILK

• Registration and payment time: From the notice to February 15, 2010

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