The Board of Directors of Coteccons Construction Joint Stock Company approved a plan for ESOP stock redemption as follows:
1) Total number of treasury shares before trading: 4,971,327 shares
2) Total number of shares to be revoked: 483,500 shares
3) Purpose of stock revoking: to revoke shares of employees who participated in the ESOP program in 2018 but quitted their jobs before the end of the restriction trading period
4) Source of capital for purchasing shares: capital surplus
5) Method of transaction: Transfer of ownership through the Vietnam Securities Depository (VSD)
6) Rules of determining the purchase price: Equal to the issue price under ESOP Regulations 2018 which is 56,000 VND/share.
7) Trading period: from June 16, 2021 to July 15, 2021
8) Name of securities company designated to act as stock repurchase agency: MB Securities Joint Stock Company.