Nam Mekong Group to issue 2m ESOP shares for 2025 reward plan

Nam Mekong Group Joint Stock Company (HNX:VC3) has approved its 2025 ESOP, involving the issuance of 2,000,000 common shares. This represents 1.47% of total outstanding shares and aims to reward employees and align their interests with company performance. The shares will be issued at VND 10,000 per share, totaling VND 20,000,000,000, with proceeds allocated for business operations and working capital.

The issuance is expected in Q4 2025 and Q1 2026, pending approval from the State Securities Commission. Eligibility for the ESOP includes members of the board of directors, supervisory board, general directors, and employees who have signed labor contracts with the company by September 30, 2025, are Vietnamese citizens, and meet performance criteria. Shares issued under the ESOP will be restricted from transfer for one year from the end of the issuance period.

The company's maximum foreign ownership ratio is 49%. Any unpurchased shares will be reallocated to other eligible Vietnamese employees at the same issuance price and under the same transfer restrictions.