Ms Doan Hoang Anh – daughter of Mr Doan Nguyen Duc, Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company (Stock code: HAG, HoSE Floor) has sold 2 million HAG shares, as registered.
After the transaction, Ms Doan Hoang Anh reduced her ownership from 11 million shares (1.19% of charter capital) to 9 million shares (0.97% of charter capital), the transaction was executed on February 15.
Mr Doan Nguyen Duc, Chairman of HAGL’s Board of Directors
This move takes place as HAG shares are experiencing slight adjustments after a period of price increase since the end of September last year. Based on the closing price of HAG shares at 13,450 dong/share in the above-mentioned trading session, it is estimated that Ms Hoang Anh earned 26.9 billion VND.
Previously, on January 19, 2024, Ms Doan Hoang Anh bought an additional 1 million HAG shares to increase her ownership from 1.08% to 1.19% of charter capital.
In addition, from January 11 to January 23, Ms Doan Thi Nguyen Xuan, younger sister of Mr Doan Nguyen Duc, sold 80,000 shares to reduce her ownership from 153,593 shares (0.017% of charter capital) to 73,593 shares (0.008% of charter capital).
On February 15, HAGL announced that it has received a document from the State Securities Commission (SSC) approving the registered document for private placement of shares.
Hoang Anh Gia Lai will implement the private placement according to the approved documents and report the results of the private placement.
HAG is expected to privately place 130 million shares at the price of 10,000 dong/share to mobilize 1,300 billion VND. The raised capital will be used to supplement working capital, restructure debts for subsidiary companies, and partially or fully repay the principal and interest of bonds issued on June 18, 2012 by the Company.
Prior to the private placement, these institutional and individual investors did not own HAG shares.
