FECON Mining Joint Stock Company disclosed an employee stock ownership plan (ESOP) as follows:
1) Stock:
- Stock
name: Stock of FECON Mining Joint Stock Company
- Charter
capital: VND268,000,000,000
- Stock
type: Common stock
- Par
value: VND10,000/ share
- Stock
code: FCM
- Volume
expected to issue: 800,000 shares
- The
issuance purpose: to invest workshop, equipment line, production
infrastructure, expanding factory, raising of capital ratio in FECON Nghi Son
and to fund working’s capital to improve business activities, to focus resource
for main business of the company
- Issue
date: from June 27, 2014 to July 18, 2014
- Estimated
trading date: in August and September 2014
2) Result:
- Total
distributed volume: 800,000 shares
- Number of distributed employees: 37 people
- Total number of shares after the issuance: 41,000,000 shares.