The Board resolution dated June 14, 2023, the BOD of VietNam Prosperity Joint Stock Commercial Bank approved the share issuance under ESOP plan with details as follows:
- Stock name: VietNam Prosperity Joint Stock Commercial Bank
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 6,743,423,601 shares
- Number of outstanding shares: 6,713,204,001 shares
- Number of treasury shares: 30,219,600 shares
- Number of shares expected to be issued: 30,219,600 shares
- Total value of issuance (at par value): VND302,196,000,000
- Offering price: VND10,000/share
- Issuance ratio: 0.45%
- These shares will be restricted in 03 years from the ending of the issuance.
- Time of implementation: expected in Quarter 2/2023 or Quarter 3/2023, after being approved by the State Securities Commission of Vietnam (SSC).
- Plan for using capital from the offering: the estimated proceeds of VND302,196,000,000 will be used to supplement working capital.
Plan for the fractional shares handle: the unsold shares will be decided by the Board of Directors to distribute to other employees with the selling price of VND10,000/share.