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TLG: Information on selling the treasury shares
HOSE - 11/19/2020 2:49:00 PM
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On November 16, 2020, Thien Long Group Corporation announces the following issues:

1)      Planning to sell treasury shares:

-   Number of treasury shares before trading: 1,500,000 shares

-   Number of shares registered to sell: 1,500,000 shares

-   Trading method: to transfer rights to the Vietnam Securities Depository (VSD)

-   Selling price: VND 10,000/share.

2)      Planning the use of treasury shares to sell to employees:

-   Stock name: Thien Long Group Corporation

-   Stock type: common share

-   Par value: VND 10,000/share

-   Number of shares issued: 77,794,453 shares

-   Number of outstanding shares: 76,294,453 shares

-   Number of treasury shares: 1,500,000 shares

-   Number of shares expected to be issued from treasury shares sources: 1,500,000 shares

-   Total value of issue (based on par value): VND 15,000,000,000

-   Issue ratio: 1.96%

-   These shares will be restricted in 02 years from the finish date of the issuance.

-   Expected execution time: from November 26, 2020 to December 25, 2020.

 

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