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SBT: SBT to issue more than 9 million ESOP shares Thanh Thanh Cong Tay Ninh Joint Stock Company announced an employee stock ownership plan (ESOP) with main details as follows:
1) Stock: Stock of Thanh Thanh Cong Tay Ninh Joint Stock Company
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total issued shares: 185,642,358 shares
5) Outstanding shares: 182,373,518 shares
6) Treasury shares: 3,268,840 shares
7) Estimated issue shares: 9,118,675 shares
8) Issue price: VND10,000/share
9) Total issue value: VND91,186,750,000
10) Issue ratio: 5% of the outstanding shares
11) Transfer restriction:
- 50% ESOP shares will be restricted in 01 year from the finish date of issuance;
- 50% ESOP shares will be restricted in 02 years from the finish date of issuance;
12) Time of implementation: in Quarter 2.2016 HOSE
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