Wednesday, 04/11/2015 15:05

GDT: Notice of employee stock ownership plan

Duc Thanh Wood Processing Joint Stock Company announced an employee stock ownership plan (ESOP) with main details as follows:

1)    Stock: Stock of Duc Thanh Wood Processing Joint Stock Company

2)    Stock type: common stock

3)    Par value: VND10,000/share

4)    Total quantity of shares: 12,446,837 shares

5)    Outstanding shares: 12,446,837 shares

6)    Treasury shares: 0 shares

7)    Estimated issue shares: 518,618 shares

8)    Total issue value based on par value: VND5,186,180,000

9)    Issue ratio: 4.16%

10) Transfer restriction period: 100% restricted in the first 12 months; 50% restricted after 12 months; and 100% remaining shares freely to be transferred after 24 months. 

11) Time of implementation: Quarter IV.2015

HOSE

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