Wednesday, 11/04/2012 20:16

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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