PVA closes the buying warrants to issue additional 5.5m shares

VNStockNews.com - Hanoi Stock Exchange (HNX)-listed Nghe An Petroleum Construction Joint Stock Co (coded PVA) announced the ex-interest transaction sessions for T+3 payment period would be October 13 for buying warrants for 5.5 million shares to be issued by the company.

The company, with chartered capital of 45 billion dong, plans to increase registered capital to 100 billion dong via offering 5.5 million shares to the existing shareholders at the price of 10,000 dong per share and the rate of buying warrants of 9:11 that means each shareholder owning nine old shares can buy 11 new shares.
The amount of shares left will be distributed to the company's staff with the same offered price.

The buying warrant transferring period would last from October 30 to November 24. The shareholders would register and make payment from October 30 to November 30.

For the deposited shares, the shareholders will carry out buying warrant transfers, registering and making payment at the securities company where they open their accounts. For the undeposited shares, the shareowners would come to the company's head office at No 45 Tran Phu St, Vinh City, Nghe An province for conducting the buying procedures.