ELC: ELC to issue 600,000 ESOP shares

Electronics Communications Technology Investment Development Corporation announced an employee stock ownership plan (ESOP) with main details as follows:

1)    Stock: Stock of Electronics Communications Technology Investment Development Corporation

2)    Stock type: common stock

3)    Par value: VND10,000/share

4)    Total quantity of shares: 40,971,998 shares

5)    Outstanding shares: 40,855,498 shares

6)    Treasury shares: 116,500 shares

7)    Estimated issue shares: 600,000 shares

8)    Total issue value: VND6,000,000,000

9)    Issue ratio (Estimated issue shares/ Outstanding shares): 1.47%

10) Financial resource: none

11) Transfer restriction period: 01 year from the finish date of issuance

12) Time of implementation: December 2015 

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