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PAN: Planning to public tender offer for BBC shares
HOSE - 1/21/2022 5:05:00 PM
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 The Board resolution dated January 19, 2022, the BOD of The PAN Group Joint Stock Company approved the plan to public tender offer for shares of BiBICA Corporation (BBC) with details as follows:

-          Target company: BiBICA Corporation

-          Stock code: BBC

-          Relationship between PAN and BBC: PAN is a major shareholder of BBC

-          Number, onwership percentage of BBC shares held before trading by PAN and related person: 11,052,150 shares, equivalent to 58.94% number of oustanding of BBC; Of which:

+  Number, onwership percentage of BBC shares held before trading by PAN: 11,052,150 shares, 58.94%;

+ Number, onwership percentage of BBC shares held before trading by related person: 0 share, 0%

-          Number of shares expected to be bought: 7,700,537 shares, equivalent to 41.06% number of oustanding shares of BBC.

-          Number, ownership percentage of shares held after trading by PAN and related person (estimated): 18,752,687 shares, equivalent to 100% number of outstanding shares of BBC.

-          Stock type to offer: common share, freely transferable

-          Bidding price: no less than the reference price of BBC within 60 days

-          Time of implementation: being approved by the State Securities Commission of Vietnam (SSC).

 

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