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L10: Result of the public tender offer by Dang Van Long
HOSE - 10/23/2020 4:56:00 PM
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Viet Nam Electrical Equipment Joint Stock Corporation (“GELEX”) reports the result of the public tender offer for L10 shares as follows:

-        Buyer: Dang Van Long

-        Target company: Lilama 10 Joint Stock Company (HOSE: L10)

-        Number of owning shares before trading:

Of which:

  • Number of shares represented by the buyer: 1,186,800 shares (12.12% of the total outstanding volume);
  • Number of shares owned by the buyer: 1,999,498 shares (20.42% of the total outstanding volume).

-        Number of shares expected for purchase: 2,000,000 shares (20.43% of the total outstanding volume)

-        Number of bought shares: 2,000,000 shares (20.43% of the total outstanding volume)

-        Number of owning shares after trading:

Of which:

  • Number of shares represented by the buyer: 1,186,800 shares (12.12% of the total outstanding volume);
  • Number of shares owned by the buyer: 3,999,498 shares (40.85% of the total outstanding volume).

-        Trading time: from September 17, 2020 to October 16, 2020.

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