After 2 Years of Hardship, Novaland Set to Reward Employees with Tens of Millions of Shares

Novaland (code: NVL) recently announced its plan to issue ESOP shares for 2025, totaling 48.75 million shares to strengthen employee engagement and recognize efforts after two challenging years. The issue price is set at 10,000 VND/share, expected to raise 487.5 billion VND. The shares will be restricted from transfer for 1 year post-issue. This ESOP policy aims to motivate key and potential personnel while supporting business restructuring and recovery. Novaland’s revenue plan for 2025 ranges from 10,453 billion to 13,411 billion VND, with potential losses after tax from 12 to 688 billion VND, depending on the progress in resolving legal obstacles. On the market, NVL shares are currently traded at 14,200 VND/share.