VFG: Announcement of an ESOP
Viet Nam Fumigation Joint Stock Company will issue shares to the Company’s employees according to the ESOP as follows:
Issuer: Viet Nam Fumigation Joint Stock Company
Head office: 39 Ton Duc Thang, District 1, HCMC
Tel: (84 8) 3823 2098 Fax: (84 8) 3829 3564
- Stock code: VFG
- Stock type: common stock
- Par value: VND10,000/ share
- Current charter capita: VND126,827,530,000
- Issue volume in phase 01: 290,000 shares
- Total issue value (based on par value): VND2,900,000,000
- Issue value: VND10,000/share
- Object of the issue: VFG’s staff qualified as per Appraised Guidance for ESOP plan by the BOD
- Time: for 03 years starting from 2012 and can be prolonged until all share are distributed for all member involved in this plan
- Issue method: as per Appraised Guidance for ESOP plan by the BOD
- Source for ESOP: From welfare and reward fund in 2010
- Purpose: Bonus to the employees.
- Time of implementation: Expected in April and May 2012
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