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PAN: Notice of ESOP 2017 The PAN Group Joint Stock Company announced the information on the employee stock ownership plan (ESOP) as follows:
1) Stock name: Stock ofThe PAN Group Joint Stock Company
2) Stock type: common share, 100% restricted in the first 02 years and 50% in the third year from the finish date of the ESOP.
3) Par value: VND10,000/share
4) Total number of issued shares: 117,723,630 shares
5) Number of outstanding shares: 117,693,630 shares
6) Number of treasury shares: 30,000 shares
7) Number of shares expected to issue: 2,530,000 shares
Of which:
+ Number of shares to be newly issued: 2,500,000 shares
+ Number of shares to be re-issued: 30,000 treasury shares which were ESOP-2015 shares and were bought from ex-employees.
8) Total issue value: VND25,300,000,000.
9) Issue ratio: 2.15% on the outstanding shares
10) Expected issue price: VND10,000/share
11) Transfer restriction: 100% restricted in the first 02 years and 50% in the third year from the finish date of the ESOP.
12) Time of implementation: in December 2017 or January 2018. HOSE
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