ELC: ELC to issue 800,000 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: 41,571,998 shares
5) Outstanding shares: 41,455,498 shares
6) Treasury shares: 116,500 shares
7) Estimated issue shares: 800,000 shares
8) Total issue value: VND8,000,000,000.
9) Issue ratio: 1.93% of the outstanding shares
10) Financial resource: none
11) Transfer restriction period: 01 year from the ending date of issuance.
12) Time of implementation: March or April 2016. HOSE
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