Hai Minh completes ESOP, issues 642,382 shares to employees

Hai Minh Corporation (HMH) announced the successful completion of its employee stock ownership plan (ESOP), distributing 642,382 common shares to 35 employees. This issuance represents 4.87% of the company's total outstanding shares prior to the offering. The shares were issued at a price of VND 10,000 per share.

Following this issuance, Hai Minh Corporation's total outstanding shares increased to 13,842,229 as of October 24, 2025. The newly issued shares are subject to a one-year transfer restriction from the completion date of the offering, October 21, 2025. The company expects to transfer these shares to employees in November 2025.

The announcement included confirmation from the Commercial Joint Stock Bank for Industry and Trade of Vietnam regarding the funds collected from the ESOP issuance. The company's total charter capital now stands at VND 131,998,470,000.