GDT: Notice of employee stock ownership plan

Duc Thanh Wood Processing Joint Stock Company announces an employee stock ownership plan (ESOP):

I.       Information on the issuer:

1. Issuer: Duc Thanh Wood Processing Joint Stock Company
2. Head office: 21/6D Phan Huy Ich, ward 14, Go Vap district, HCMC
3. Stock code: GDT
4. Charter capital: VND171,369,680,000

II.    Purpose of share issue: an employee stock ownership plan

III.  Plan for share issue:

−      Stock name: Stock of Duc Thanh Wood Processing Joint Stock Company

−      Stock type: common stock

−      Par value: VND10,000/share

−      Total issued volume: 17,136,968 shares

−      Outstanding volume: 16,867,808 shares

−      Treasury shares: 269,160 shares

−      Estimated issue volume: 843,390 shares

−      Total issue value: VND8,433,900,000

−      Issue ratio: 5% on the outstanding shares  

−      Restriction time: 100% ESOP shares are restricted within 24 first months. 50% ESOP shares will be transferable after 24 months; and the remaining shares will be transferable after 36 months from the end of share issue.

−      Issue price: VND10,000/share

−      Subscription time: from June 23, 2021 to July 01, 2021.

HOSE

>   FTS: Notice of employee stock ownership plan (23/06/2021)

>   PHC: BOD resolution dated June 22, 2021 (23/06/2021)

>   SMA: Selection of audit firm (23/06/2021)

>   SMC: Signing an audit service agreement (23/06/2021)

>   VDP: Signing an audit service agreement (23/06/2021)

>   STB: Information on selling the treasury shares (23/06/2021)

>   LGC: Signing an audit service agreement (23/06/2021)

>   MCG: Signing an audit service agreement (23/06/2021)

>   SCS: Signing an audit service agreement (23/06/2021)

>   KOS: Selection of audit firm (23/06/2021)