STB: Trading result of affiliated institution
Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK) has disclosed trading result of an institution affiliated with an inside shareholder as follows:
* Stock symbol: STB
* Trader: Dragon Financial Holdings Limited
* Affiliated person: Mr. Dominic Scriven – Director at Dragon Financial Holdings Limited
* Position of Mr. Dominic Scriven at the listed firm: A Member of the BOD
* Owning volume before trading: 58,047,554 shares (8.66%)
* Volume registered to sell: 15,000,000 shares
* Sold volume: 13,280,000 shares
* Owning volume after trading: 44,767,554 shares (6.68%)
* Trading method: Order matching and put through
* Purpose: To restructure investment portfolio
* Reason of incomplete transaction: The price was not in the trader’s expectation
* Trading period: From June 18, 2010 to July 27, 2010.
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