On July 28, 2015, Nam Kim Steel Joint Stock Company announced an employee stock ownership plan (ESOP) with main details as follows:
1) Stock: Stock of Nam Kim Steel Joint Stock Company
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total number of shares: 39,900,000 shares
5) Number of outstanding shares: 39,900,000 shares
6) Number of treasury shares: 0 shares
7) Number of estimated issue shares: 798,000 shares
8) Total issue value: VND7,980,000,000.
9) Issue ratio (Estimated issue shares/Outstanding shares): 2%
10) Issue price: VND10,000/share
11) Transfer restriction period: 06 months from the ending date of ESOP 2015.
12) Time of implementation: from July 28, 2015 to August 28, 2015.