SRF Leader Registers to Purchase Stocks to Increase Ownership Percentage

The Chairman of the Board and executives of Searefico Joint Stock Company (HOSE: SRF) have registered to purchase a total of 650,000 SRF shares during the period from 15/03-17/04/2024.

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Specifically, the Chairman of SRF’s Board of Directors – Mr. Le Tan Phuoc has registered to purchase 500,000 shares from March 15th to April 13th, 2024 in order to increase his ownership percentage. If the transaction is successful, the Chairman of SRF will increase his ownership percentage from 2.66% (944,798 shares) to 4.06% (over 1.4 million shares).

At the same time, Deputy General Director Nguyen Kinh Luan has registered to purchase 50,000 SRF shares for personal financial investment. Previously, Mr. Luan did not own any SRF shares, and if the transaction is successful, he will own 0.14% of the company’s shares.

Another Deputy General Director, Mr. Tran Dinh Muoi, has registered to purchase 50,000 SRF shares from March 19th to April 17th. Meanwhile, Mr. Muoi’s wife – Mrs. Tran My Kim has registered to purchase the same amount of shares as her husband from March 20th to April 17th. If the transactions are successful, Mr. Muoi will increase his ownership in SRF from 0.31% to 0.45%, while his wife will own 0.14% of the company’s shares.

Therefore, the total number of shares that SRF’s executives and their relatives have registered to purchase in the near future is 650,000 SRF shares. With the stock price of SRF at 9,310 VND per share (as of March 18th), the estimated total value of these individuals’ transactions is over 6 billion VND.

Expected transactions of SRF’s executives

Source: VietstockFinance

The share purchase registrations by the Chairman and executives of SRF are taking place in the context of SRF’s stock price increasing by more than 12% since the beginning of the year, closing at 9,310 VND per share on March 18th. The average trading volume is over 40,000 shares per day.

SRF stock price movement from the beginning of the year until now

Han Dong

SOURCEvietstock
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