Tan Tao Investment and Industry Corporation (ITACO) has announced that it will issue new shares to its employees according to the Employee Stock Ownership Plan (ESOP) as follows:
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Stock: Stock of Tan Tao Investment and Industry Corporation
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Stock type: common stock
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Par value: VND10,000/share
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Total number of shares at December 31, 2012: 445,151,880
shares
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Number of outstanding shares at December 31, 2012:
444,571,882 shares
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Number of treasury shares: none
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Number of shares estimated to be issued: 1,999,624 shares
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Total issue par value: VND19,996,240,000.
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Issue ratio: 0.45% (Number of shares estimated to be issued
/ Number of outstanding shares)
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Financial resource: the remaining profit after tax in 2010 cumulated
until December 31, 2012)
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Transfer restriction: May 01, 2014.
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Time of implementation: in June 2013.