VMT: Right issue

- Right code: MIRVMT251
- ISIN code: VNMIRVMT2512
(Effective date of code allocation: 18/02/2025; effective date of code cancellation: 14/03/2025)
- Planned quantity of issued shares: 2,992,500 shares
- Issue price: VND 10,000/share
- Execution rate: 100:95 (shareholders are entitled to 1 right for each share that they own and to buy 95 new shares for 100 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares:
+ Principle of rounding: To ensure not exceeding the expected number of shares offered, the number of shares additionally offered that existing shareholders are allowed to buy will be rounded down to the whole number, the decimal fractional (if any) will be decided by the Board of Directors (BOD) to select the distributed parties, criteria, and distribution method for other investors with the condition that the selling price has be greater than or equal to VND 10,000/share.
+ Principle of handling fractional shares and unsubscribed shares:  The handling of fractional shares arising from rounding down (if any) and shares that shareholders do not subscribe or do not make payment will comply with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated 31/12/2020 detailing the implementation of a number of articles of the Securities Law and complying with the provisions on capital contribution investment in parent companies and subsidiaries as prescribed in Clause 2, Article 195 of 2020 Enterprise Law.
The fractional shares arising from rounding down (if any) and the shares that existing shareholders do not subscribe or do not make payment will be decided by the BOD to select the distributed parties, criteria, distribution method, and offering price (provided that they have to be greater than or equal to VND 10,000/share). The fractional shares will not be subject to transfer restrictions. The number of shares that existing shareholders do not subscribe or make payment when redistributing will be restricted from transfer within 1 year from the end date of the offering.
In the case of redistributing shares subject to the cases specified in Clause 3, Article 42 of Decree No. 155/2020/ND-CP, the Board of Directors will seek opinion of the General Meeting to approve the redistribution.
In case the deadline for distributing shares expires according to the provisions of prevailing laws (including the extended period, if any), if there are still undistributed shares, the number of undistributed shares will be cancelled and the Board of Directors will decide to end the offering. The Board of Directors will consider, select and adjust the capital use plan to ensure that it does not affect the capital source as well as the business activities of the Company.
Example: shareholder A who owns 123 shares is entitled to buy 123 x 95/100 = 116.85 shares. According to the above principle of handling fractional shares, shareholder A is entitled to buy 116 new shares. The 0.85 fractional shares will be distributed by the BOD to other investors with the price greater or equal to 10,000 VND/share
- Measures to ensure compliance with regulations on maximum foreign ownership ratio:
+ Pursuant to the Document No. 8267/UBCK-PTTT dated 12/12/2022 on the dossier notifying the maximum foreign ownership ratio of VINA TRANS DA NANG, the maximum foreign ownership ratio at the Company is currently 0% of the charter capital.
+ The number of shares offered to existing shareholders in 2024 charter capital raising based on the List of Shareholders provided by VSDC at the time of finalizing the List of Shareholders to exercise rights.
+ In order to ensure that the offering of shares in the offering to existing shareholders does not increase the ownership ratio of foreign investors at VMT (the maximum foreign ownership ratio at VMT is 0%), ensuring compliance with the provisions of prevailing laws, the BOD will coordinate with VSDC to distribute additional shares to investors in accordance with the holding ratio of investors at the time of finalizing the list of shareholders exercising rights, ensuring that shareholders are not allowed to transfer purchase rights to foreign investors.
+ The Board of Directors commits not to distribute shares that are not exercised due to existing shareholders not subscribing, not paying for the right issue, and the fractional shares arising (if any) to foreign investors.
- Regulations on rights transfer: 
+ Time period for right transfer: from 18/02/2025 to 06/03/2025.
+ Right is transferred once
- Regulations on subscription:
+ Time period for subscription and payment: from 18/02/2025 to 11/03/2025.
+ Shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository members (DMs) where they opened depository accounts.
+ The holders whose shares have not been deposited will make transfer of purchase right, subscription and payment at VINA TRANS DA NANG, 184 Tran Phu, Phuoc Ninh ward, Hai Chau district, Da Nang city and make subscription payment.
- Information on blockade account for subscription:
+ Account holder: VINA TRANS DA NANG
+ Account number: 19020006094041
+ Account opening place: Techcombank - Da Nang Branch
Schedule for DMs to process right issue with VSDC is detailed in the attached file.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSDC with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSDC’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, DMs are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 am, 12/02/2025.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSDC tobe accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 03 working days from the date on the notice.
SCHEDULE FOR EXECUTION OF RIGHT ISSUE OF VMT SHARES
- Security name: share of VINA TRANS DA NANG
- Record date: 10/02/2025
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30am on 12/02/2025
- Time period for right transfer: from 18/02/2025 to 06/03/2025
- Time period for subscription: from 18/02/2025 to 11/03/2025
- Deadline for members' submission of subscription list and making relevant payment to VSDC:  13/03/2025
- Account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ At the bank: BIDV – Ha Thanh Branch.