On June 25, 2014, Bac Giang Exploitable Mineral Joint Stock Company announced that it would issue 250,000 shares for an employee stock ownership plan (ESOP), with main details as follows:
- Stock:
Stock of Bac
Giang Exploitable Mineral Joint Stock Company
- Stock
type: common stock
- Par
value: VND10,000/share
- Total
number of shares: 21,503,840 shares
- Number
of outstanding shares: 21,503,840 shares
- Number
of treasury shares: 0 share
- Number
of estimated issue shares: 250,000 shares
- Total
issue value: VND2,500,000,000
- Issue
ratio (Estimated issue shares/Outstanding shares): 1.16%
- Financial
resource: Undistributed profit after tax, bonus & welfare fund
- Transfer
restriction period: 100% theirs shares will be restricted to transfer within 06
months from the completion day of the issue and 50% shares will be restricted from transfer within next 6
months.
- Issue
date: within 45 days as from June 24, 2014.
