TV4: BOD resolution
TV4: BOD resolution
Power Engineering Consulting JSC No.4 (HNX: TV4) announces Board Resolution approved on 09/09/2011 on the calculation of conversion price of convertible bonds issued in 2011 as follows:
- Principle: Conversion price equals to 70% of market price at the issue date (Average price of 10 consecutive trading sessions prior to the record date for bond purchase), not higher than VND12,500/share and not lower than the par value
|
No. |
Date |
Average price (VND) |
|
1 |
25/08/2011 |
8,200 |
|
2 |
26/08/2011 |
8,100 |
|
3 |
29/08/2011 |
8,200 |
|
4 |
30/08/2011 |
8,400 |
|
5 |
31/08/2011 |
8,400 |
|
6 |
01/09/2011 |
8,400 |
|
7 |
05/09/2011 |
8,400 |
|
8 |
06/09/2011 |
8,300 |
|
9 |
07/09/2011 |
8,400 |
|
10 |
08/09/2011 |
8,500 |
|
Average price of 10 consecutive trading sessions |
8,330 |
|
|
70% of average price of 10 consecutive trading sessions |
5,831 |
|
- Conversion price: VND10,000/share
- Conversion ratio: 1:10 (One bonds can be converted into 10 shares)
- Effective date: 09/09/2011.
HNX
