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DND: Notice of transaction of connected institution (Dong Nai No.2 Construction JSC)

08/11/2024
- Name of issuer: Dong Nai Material & Building Investment Joint Stock Company
- Stock code: DND
- Securities type: Common stock
- Name of connected institution: Dong Nai No.2 Construction 
- Name of person discharging managerial responsibility (PDMR)/Director: Mr. Tran Anh Dien
- Position in the company: Mr. Tran Anh Dien, who is the Chair of the BOD and General Manager of Dong Nai No.2 Construction, is the member of the BOD at Dong Nai Material & Building Investment Joint Stock Company;
- Name of person discharging managerial responsibility (PDMR)/Director: Ms. Nguyen Thi Lien
- Position in the company: Ms. Nguyen Thi Lien, who is the Member of the BOD and Chief Accountant of Dong Nai No.2 Construction, is Member of the Supervisory Board of Dong Nai Material & Building Investment Joint Stock Company
- Number of shares held by the connected institution before trading: 2,154,737 shares (24.39%)
- Number of shares to be acquired: 980,000 shares
- Expected transaction value (par value): VND9,800,000,000
- Number of shares expected to be held by the connected institution after trading: 3,134,737 shares (24.43% of expected number of outstanding shares of the company after the offering)
- Nature of the transaction: Exercising the right to purchase shares of Dong Nai Material & Building Investment Joint Stock Company’s private placement
- Purpose of transaction: Purchasing shares of Dong Nai Material & Building Investment Joint Stock Company’s private placement leading to increase in ownership ratio at DND
- Expected Start date of transaction: 11/11/2024
- Expected End date of transaction: 20/11/2024.
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