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TLG: Information on selling the treasury shares 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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