Brief: South Plains Financial Inc - On December 30, 2022, Board Adopted Resolutions To Terminate Company's Employee Stock Ownership Plan

SOUTH PLAINS FINANCIAL

06/01/2023 21:23

Jan 6 (Reuters) - South Plains Financial Inc  SPFI.O :
    * SOUTH PLAINS FINANCIAL INC - ON DECEMBER 30, 2022, BOARD
ADOPTED
RESOLUTIONS TO TERMINATE COMPANY'S EMPLOYEE STOCK OWNERSHIP PLAN
    * SOUTH PLAINS FINANCIAL INC - BOARD DETERMINED THAT IT WAS
IN
BEST INTERESTS OF COMPANY AND ITS EMPLOYEES TO TERMINATE PLAN
    * SOUTH PLAINS FINANCIAL INC - UPON TERMINATION OF PLAN, ALL
PLAN
PARTICIPANTS BECAME FULLY VESTED IN THEIR PLAN BENEFITS

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