GAS to list an additional 19 million shares tomorrow

Tuesday, Mar 01, 2016 08:14

HA NOI (Biz Hub) — Viet Nam Gas Corporation (GAS) will list another 19 million shares on the HCM Stock Exchange tomorrow.

The exchange announced its approval for more GAS listings yesterday, taking the total GAS listings to more than 1.9 billion shares and the charter capital of the company to VND19.1 trillion (US$852.6 million)

The additional shares worth VND10,000 par value were issued for the company's employees under the Employee Stock Ownership Programme (ESOP) at an incentive price of VND20,000 each.

ESOP shares were restricted to a transfer within one year from the date of issue. — VNS

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