On November 27, 2014, Mobile World Investment Corporation (MWG) announced that it would issue more than 5 million shares for an employee stock ownership plan (ESOP), with main details as follows:
1) Stock: Stock of Mobile
World Investment Corporation
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total number of shares: 106,625,661 shares
5) Number of outstanding shares: 106,622,378 shares
6) Number of treasury shares: 3,283 shares
7) Number of estimated issue shares: 5,331,118 shares
8) Total issue value: VND53,311,180,000.
9) Issue ratio (Estimated issue shares/Outstanding shares): 5%
10) Financial resource: the undistributed after-tax profit according to
the consolidated financial statements in the first nine months of 2014.
11) Transfer restriction period: 02 years. The employees can transfer
only 50% their shares after 01 year from the issue date, and transfer all their
shares after 02 years from the issue date.
12) Time of implementation: in November of December 2014, after the
receipt of approval from the State Securities Commission.
