SSI: Announcement of an ESOP
Sai Gon Securities Incorporation (HOSE: SSI) will issue shares to the Company’s employees according to the ESOP as follows:
- Issuer: Sai Gon Securities Incorporation
- Head office: 72 Nguyen Hue, Ben Nghe Ward, District 1, HCMC
- Tel: (84 8) 38242897 Fax: (84 8) 38242997
- Stock name: Stock of Sai Gon Securities Incorporation
- Stock code: SSI
- Stock type: Common stock
- Par value: VND10,000/ share
- Current charter capital: VND3,511,117,420,000
- Current outstanding volume: 348,111,742 shares (Treasury shares at December 16, 2011: 3,000,000 shares)
- Expected issue volume: 1,500,000 shares
- Time of implementation: Expected from December 16, 2011 to December 26, 2011.
- Object of the issue: The staff key according the list by the BOD approval
- Issue value: VND10,000/ share
- Total issue value (Based on par value): VND15,000,000,000
- Time and rate of transfer:
• Shares issued to the Company’s employees will be restricted in one year from the issuing date
• If any employee resigns, the shares restricted to transfer will be bought back by the Company for the treasury stock
- Plan of using the money from the ESOP: To raise capital for business.
HOSE
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