STK: Approved the stock issuance under ESOP

The Board resolution dated March 30, 2022, the BOD of Century Synthetic Fiber Corporation approved to use its treasury shares to issue shares to employees with the following plan:

-         Stock name: Century Synthetic Fiber Corporation

-         Stock type: common share

-         Par value: 10,000 dongs/share

-         Number of shares expected to be issued: 1,041,650 shares

-         Selling price: VND20,000/share

-         Total value (at par value): VND10,416,500,000

-         These shares will be restricted in 02 years from the finish date of the issuance.

-         Handling for unsold shares: The Board of Directors will continue to issue to other employees at the same selling price.

-         Time of implementation: after being approved by the State Securities Commission of Vietnam (SSC).

-         Trading method: to transfer rights via the Vietnam Securities Depository (VSD).

HOSE

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