Nafoods Group Joint Stock Company (NAF) announces the Board resolution dated June 15, 2020 regarding stock issue for the employee stock ownership plan (ESOP) as follows:
- Stock: Stock of Nafoods Group Joint Stock Company
- Stock type: common stock
- Par value: 10,000 VND/share
- Number of issued shares: 44,439,912 shares
- Number of outstanding shares: 44,439,850 shares
- Number of treasury shares: 62 shares
- Estimated issue volume: 2,221,990 shares (4.99% of the number of outstanding shares)
- Estimated issue value: 22,219,900,000 VND
- Issue ratio: 5% on the outstanding shares
- Financial resource: the undistributed after-tax profit, capital surplus, investment development fund in the financial statements audited until 12/31/2019.
- Transfer restriction: none
- Time of implementation: in 2020.