TNG corrects ESOP share count after typo

TNG Investment and Trading JSC announced an adjustment to Resolution No. 1310/NQ-HDQT and Minutes 1310A/BB-HDQT, both dated October 13, 2025. The original documents, concerning the distribution of shares under the 2025 Employee Stock Ownership Plan (ESOP), contained a typographical error regarding the total number of shares offered. The company’s official communication dated November 21, 2025, serves to correct this mistake.

The initial Resolution No. 1310/NQ-HDQT had approved the issuance of 6,130,030 shares for the ESOP. The corrected information revises the total number of shares offered to 6,130,060 shares. Other contents of Resolution No. 1310/NQ-HDQT and Minutes 1310A/BB-HDQT remain unchanged.

The ESOP plan, approved on October 13, 2025, involved the distribution of shares to 368 employees. Of these, 5,681,742 shares were subscribed and paid for, representing 92.69% of the total offering. The remaining 448,318 unsubscribed shares are to be redistributed to eligible individuals, including the chairman, vice chairman, and other board members, as well as the general director and deputy general director, based on their registered demand. The subscription period for these remaining shares was from October 13 to October 15, 2025.