According to the Resolution of General Meeting of Shareholders dated March 16, 2018, the Board of Directors of Mobile World Investment Corporation decided to restrict transfer of shares issued to employees of the company and subsidiaries as follows:
- Number of shares issued under ESOP will be restricted in 04 year from the finish date of the issuance. Each year, the number of shares received will be freely transferred by 25%.
For any reason, the employee terminates the labor contract. The company will redeem the number of shares that are still restricted of the employee at the issue price to make its treasury shares, unless there is no buyback decision of the Board.