Viet Nam Electrical Equipment Joint Stock Corporation (“GELEX”) reports the result of the public tender offer for L10 shares as follows:
- Buyer: Dang Van Long
- Target company: Lilama 10 Joint Stock Company (HOSE: L10)
- Number of owning shares before trading:
Of which:
- Number of shares represented by the buyer: 1,186,800 shares (12.12% of the total outstanding volume);
- Number of shares owned by the buyer: 1,999,498 shares (20.42% of the total outstanding volume).
- Number of shares expected for purchase: 2,000,000 shares (20.43% of the total outstanding volume)
- Number of bought shares: 2,000,000 shares (20.43% of the total outstanding volume)
- Number of owning shares after trading:
Of which:
- Number of shares represented by the buyer: 1,186,800 shares (12.12% of the total outstanding volume);
- Number of shares owned by the buyer: 3,999,498 shares (40.85% of the total outstanding volume).
- Trading time: from September 17, 2020 to October 16, 2020.