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PGD: Approval of planning to issue shares for capital increase
HOSE - 5/26/2023 5:12:00 PM
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The Board resolution dated May 25, 2023, the Board of Directors of Petro Viet Nam Low Pressure GAS Distribution Joint Stock Company approved the plan for share issuance to increase capital from the owner’s equity with details as follows:

-          Stock name: Petro Viet Nam Low Pressure GAS Distribution Joint Stock Company Stock type: common share

-          Stock code: PGD

-          Par value: VND10,000/share

-          Charter capital: 899,990,250,000 VND

-          Number of shares issued: 89,999,025 shares

-          Number of outstanding shares: 89,998,070 shares

-          Number of treasury shares: 955 shares

-          Expected issue volume: 8,999,807 shares

-          Total value of issuance (estimated): VND 89,998,070,000

-          Exercise ratio: 10:1

-          Offering price: VND10,000/share

-          Time of implementation: expected in Q2/ 2023, after being approved by the State Securities Commission of Vietnam (SSC).

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