TAL: Notice of record date for share issue to outstanding shareholders

1. Issuer: Taseco Land Investment Joint Stock Company
2. Stock code: TAL
3. Par value: VND10,000/share
4. Record date: 25/12/2024
5. Ex-date: 24/12/2024
6. Reason:
     * Share issue to outstanding shareholders:
          - Number of shares to be issued: 14,850,000
          - Exercise rate: 20:1 (shareholders owning 01 share are entitled to 01 right, 20 rights to buy 01 new share).
          - Issue price: VND10,000/share
          - Rounding method: Number of shares received will be rounded down to units digit.
The number of shares that shareholders can buy will be rounded down to the nearest unit. The decimal fraction will be aggregated and processed according to the plan for handling odd shares and remaining undistributed shares.
For example: On the record date, shareholder Nguyen Van A owns 108 shares. The number of shares that shareholder Nguyen Van A is entitled to buy according to the offering plan is (108/20)*1=5.4 shares. After rounding down to the nearest unit, the number of shares that shareholder Nguyen Van A can register to buy is 5 shares and 0.4 odd shares will be aggregated and processed according to the plan for handling odd shares and remaining undistributed shares.
          - For odd lot shares and undistributed shares:
The Board of Directors (BOD) will continue to distribute the odd shares and unsold shares to other investors (including existing shareholders, company insiders and other investors) who have the need and financial capacity to purchase these shares at a price not lower than the offering price to existing shareholders. The BOD will establish criteria and select investors who have the need to purchase the shares to be distributed.
The number of shares to be distributed offered to other investors according to the decision of the BOD will be restricted from transfer within 01 year from the date of completion of the offering, unless otherwise provided by law. The distribution of shares to be distributed to other investors must meet the following conditions:
Comply with the provisions of Article 195 of the Enterprise Law 2020: “A subsidiary is not allowed to invest in buying shares or contributing capital to the parent company. Subsidiaries of the same parent company are not allowed to simultaneously contribute capital or purchase shares to cross-own each other”.
Ensure compliance with the provisions of Article 42 of Decree No. 155/2020/ND-CP issued by the Government on December 31, 2020 detailing the implementation of a number of articles of the Securities Law.
In case there are still undistributed shares after the distribution according to the above principles, the undistributed shares will be canceled and the Board of Directors will decide to end the offering.
          - Blocked account:
               + Account name: Taseco Land Investment Joint Stock Company
               + Bank name: Vietnam Joint Stock Commercial Bank for Industry and Trade - Thanh Xuan Branch
               + Account number: 119820366666
          - Stock type: Freely transferable
          - Time for transfer of purchase rights:
               + Start date: 06/01/2025
               + End date: 20/01/2025
          - Time for registration:
               + Start date: 06/01/2025
               + End date: 12/02/2025
          - Exercise Place:
               + For undeposited shares: Taseco Land Investment Joint Stock Company (address: 1st Floor, Building NO2-T1, Diplomatic Corps Area, Xuan Tao Street, Xuan Tao Ward, Bac Tu Liem District, Hanoi City, Vietnam) and deposit the stock purchase deposit into the blocked account.
               + For deposited shares: securities companies where shares of shareholders have been deposited
          - Times for transfer of share purchase rights: The right to purchase can only be transferred once (the transferee cannot transfer it to a third party).