VPB: BOD approves to issue shares to the Employee Stock Ownership Plan (ESOP) On August 08, 2018, the Board of Directors of VietNam Prosperity Joint Stock Commercial Bank approved a plan for issuing shares to the Employee Stock Ownership Plan (ESOP):
- Stock name: Stock ofVietNam Prosperity Joint Stock Commercial Bank
- Stock type: common share
- Par value: VND10,000/share
- Total issued volume: 2,496,272,872 shares
- Outstanding volume: 2,423,053,272 shares
- Treasury volume: 73,219,600 shares
- Expected issue volume: 33,695,094 shares
- Issue price: VND10,000/share
- Total issue value: VND336,950,940,000
- Issue ratio (Expected issue volume/Total volume): 1.39%
- Time of implementation: in 2018
- Plan to deal with fractional shares:
The distributed shares will be rounded down. The remaining shares and fractional shares (if any) will be distributed to other staffs at a price not lower VND10,000/share.
13. Transfer principle: New shares are restricted from transfer within 03 years.
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