VPB: Plan for increasing charter capital from equity

The Board resolution dated August 29, 2022, the BOD of VietNam Prosperity Joint Stock Commercial Bank approved the plan to increase charter capital from equity with details as follows:

-          Stock name: VietNam Prosperity Joint Stock Commercial Bank

-          Par value: VND10,000/share

-          Stock type: common share

-          Number of shares issued: 4,505,692,987 shares

-          Number of outstanding shares: 4,475,473,387 shares

-          Number of treasury shares: 30,219,600 shares

-          Number of shares expected to be issued: 2,237,736,693 shares

-          Total value of issuance (at par value): VND22,377,366,930,000

-          Exercise ratio: 50%  (2:1) (Those who own 02 shares will receive 01 new share).

-          Transfer restriction: none

-          Time of implementation: expected in September 2022 or October 2022, after being approved by the State Securities Commission of Vietnam (SSC).

HOSE

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