TNG finalizes employee share ownership plan, distributes all intended shares
TNG Investment and Trading JSC announced the successful completion of its Employee Stock Ownership Plan (ESOP) for 2025, distributing 6,130,060 common shares, representing 100% of the planned issuance. The shares were issued at VND 10,000 per share, with a transfer restriction period of three years from the issuance's conclusion on October 15, 2025. This distribution expanded the company's total outstanding shares to 128,731,266.
The issuance benefited 368 employees, with notable allocations to key personnel including nguyen van thoi, chairman of the board, who received 1,996,698 shares, and nguyen duc manh, vice chairman, who received 751,891 shares.
The company's charter capital increased to VND 1,287,312,660,000 following the ESOP. TNG expects to complete the registration of these additional shares with the Vietnam Securities Depository and Clearing Corporation and their listing on the Hanoi Stock Exchange by November 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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