SAV: Result of share issue for capital increase

SAV: Result of share issue for capital increase

Savimex Corporation has reported the result of share issue for capital increase as follows:

        I.                        Information on stock:

1)      Stock code: SAV

2)      Charter capital: VND139,237,730,000

3)      Number of outstanding shares before the share issue: 13,528,003 shares

4)      Number of treasury shares before the share issue: 395,770 shares

5)      Stock type: common share

6)      Stock code: SAV

7)      Par value: VND10,000 / share

8)      Number of shares expected to be issued: 676,400 shares

9)      Purpose: to issue bonus shares to the existing shareholders in order to raise capital from the owner’s equity  

10)  Record date: June 25, 2020

11)  Estimated trading date: August 2020

     II.                        Result:

1)      Number of distributed shares: 676,082 shares

2)      Number of distributed shareholders: 577 shareholders

3)      Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

4)      Total number of current shares: 14,599,855 shares

• Number of outstanding shares: 14,204,085 shares
• Number of treasury shares: 395,770 shares.

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