VFG: Resolution on ESOP On February 29, 2016, the Board of Directors of Viet Nam Fumigation JSC approved the Employee Stock Ownership Plan (ESOP) as follows:
1) Issuing new shares to employees via ESOP:
- Estimated offering volume: 600,000 shares
- Offering price: VND10,000/share
- Charter capital after ESOP: VND182,856,340,000.
- Issue ratio: 3.4%
- Transfer restriction: 03 year from the issue date
- Time of implementation: in Quarter 1/2016
2) Selling treasury shares to employees via ESOP:
- Number of treasury shares before sale: 74,110 shares
- Estimated offering volume: 74,110 shares
- Offering price: VND10,000/share
- Time of implementation: in Quarter 1/2016 HOSE
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