Friday, 12/06/2020 10:39

REE: Board resolution on receiving the stake transfer

According to the Board resolution dated June 09, 2020, the Board of Directors of Refrigeration Electrical Engineering Corporation (HOSE: REE) decided to receive the ownership transfer of 623,300 shares of Ninh Binh Thermal Power Joint Stock Company (HNX: NBP) from REE Solar Energy Joint Stock Company (short name: REE SE).

1)      Transferor: REE Solar Energy Joint Stock Company

2)      Transferee: Refrigeration Electrical Engineering Corporation

3)      Information on the transferred stock:

-          Name of stock: Stock of Ninh Binh Thermal Power Joint Stock Company

-          Code of stock: NBP

-          Par value: VND10,000/share

-          Transfer volume: 623,300 shares (4.8% of the outstanding voting volume)

-          Transfer price: negotiated

4)      Trading time: before December 31, 2020

5)      Transfer method: transferring the ownership through the Vietnam Securities Depository

6)      Owning volume by REE before trading: 3,166,100 shares (24.6% of the outstanding voting volume of NBP)

7)      Owning volume by REE after trading: 3,789,400 shares (29.4% of the outstanding voting volume of NBP).

HOSE

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