Sea & Air Freight International announced that it would issue more than 500,000 shares for an employee stock ownership plan (ESOP), with main details as follows:
1) Stock: Stock of Sea & Air Freight International
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total number of shares: 10,317,704 shares
5) Number of outstanding shares: 10,307,701 shares
6) Number of treasury shares: 10,003 shares
7) Number of estimated issue shares: 515,385 shares
8) Total issue value: VND5,153,850,000
9) Issue ratio (Estimated issue shares/Outstanding shares): 5.0%
10) Transfer restriction period: 02 years from the ending date of the issuance.
11) Time of implementation: July2015.