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Friday, 23/10/2020 16:59

L10: Result of the public tender offer by Dang Van Long

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.

HOSE

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