VCI: BOD resolution on stock issuance under ESOP

  On July 17, 2018, Viet Capital Securities Joint Stock Company issued Resolution No.11 about the plan for stock issuance under the Employee Stock Ownership Plan (ESOP) with the following details:

-         Stock name: Viet Capital Securities Joint Stock Company

-         Par value: 10,000 dongs/share

-         Stock type: common share

-         Number of shares issued: 161,999,890 shares

-         Number of outstanding shares: 161,999,890 shares

-         Number of treasury shares: 0 share

-         Number of shares expected to be issued: 1,000,000 shares

-         Total value (based on par value): VND10,000,000,000

-         Issue ratio: 0.62%

-         These shares will be restricted within 01 year from the finish date of offering.

-         Time of implementation: expected in Q3.2018

-         Plan to deal with unsold shares: After the issue ending, if the employees do not buy all the shares offered, the remaining shares will be distributed to other employees by the Board for no less than 20,000 VN /share

-         Expected charter capital after the issuance: VND1,629,998,900,000.

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