VSC: Issued 12,704,000 ESOP shares

Vinaship Maritime Transport Joint Stock Company (VSC) has officially issued 12,704,000 shares under the ESOP (Employee Stock Ownership Plan) program for its employees. This number of shares corresponds to a total issuance of 10% of the company’s charter capital. The purpose of this issuance is to encourage and motivate employees, while also aligning their interests with the company’s development. The ESOP share issuance will take place in Q4 2023, and the company plans to provide more detailed information about this plan in the near future.

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