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PAN: Notice of ESOP The PAN Group Joint Stock Company announced an employee stock ownership plan (ESOP) with main details as follows:
1) Stock: Stock of The PAN Group Joint Stock Company
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total quantity of shares: 83,143,748 shares
5) Outstanding shares: 83,143,748 shares
6) Treasury shares: 0 shares
7) Estimated issue shares: 1,100,000 shares
8) Total issue value: VND11,000,000,000
9) Issue ratio: 1.32%
10) Financial resource: none, because PAN expected to issue shares to employees with an expected price of VND18,700/share for 1,000,000 shares in ESOP 2015 and 100,000 shares in ESOP 2014 (Phase 2).
11) Transfer restriction period: 01 years from the finish date of the issuance.
12) Time of implementation: Quarter IV/2015 and after the State Securities Commission approves. HOSE
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