BBC: The share conversion ratio of PAN CG
BBC: The share conversion ratio of PAN CG
On September 23, 2021, the Board of Directors of BIBICA Corporation approved the share conversion ratio of PAN Consumer Goods distribution Joint Stock Company (PAN CG) as follows:
- Conversion ratio: 1:6 (01 newly-issued share of BBC will be exchanged for 06 shares of PAN CG);
- Issue volume: 3,331,905 shares;
- Total issue value at par value: VND33,319,050,000;
- Total shares after the issue: 18,752,687 shares;
- Total value of shares after the issue: VND187,526,870,000;
- Object of the issue: shareholders of PAN CG
Shareholder |
Number of PAN CG shares owned |
Number of BBC shares converted |
The PAN Group Joint Stock Company |
19,998,000 |
3,331,573 |
Ms. Nguyen Thi Hanh Linh |
1,000 |
166 |
Mr. Tran Duc Tuyen |
1,000 |
166 |
The Company will register the trading of new shares and the expected increase of VND33,319,050,000 in its charter capital after completing the share conversion.
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