Monday, 11/04/2016 16:50

PET: Notice of employee stock purchase plan

Petrovietnam General Services Corporation announced an employee stock purchase plan (ESPP) with main details as follows:

1)    Stock: Stock of Petrovietnam General Services Corporation

2)    Stock type: common stock

3)    Par value: VND10,000/share

4)    Number of issued shares: 84,600,124 shares

5)    Number of outstanding shares: 84,600,124 shares

6)    Number of treasury shares: 0 shares

7)    Number of estimated issue shares: 2,000,000 shares

8)    Total issue value (based on par value): VND20,000,000,000.

9)    Issue ratio: 2.36% of the outstanding shares

10) Financial resource: Petrovietnam General Services Corporation sells shares to its employees, does not issue bonus shares.

11) Transfer restriction period: none

12) Time of implementation: from April 01, 2016 to May 04, 2016.  

HOSE

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