Southeast Asia Commercial Joint Stock Bank ( SeABank – HoSE: SSB) has just announced information on stock transactions of insiders and people related to insiders.
Accordingly, Mr. Le Tuan Anh - son of Ms. Nguyen Thi Nga, Vice Chairman of the Board of Directors of SeABank, has registered to sell 1 million SSB shares for the purpose of restructuring personal finances. The transaction will be carried out from January 25 to February 23 by negotiation and/or order matching.
If the transaction is successful, Mr. Tuan Anh will reduce his holdings to 51.6 million shares, equivalent to 2.026% of SeABank's total outstanding voting shares.
On the market, at the end of the trading session on January 24, SSB shares stopped at 23,100 VND/share. It is estimated that with this price, Mr. Tuan Anh can earn more than 23 billion VND from the transaction.
SSB stock price movements in the past 3 months (Photo: FireAnt).
Previously, on January 17, Ms. Nguyen Thi Nga successfully purchased 5 million SSB shares through negotiation.
Before the transaction, Ms. Nga owned 92.2 million SSB shares, equivalent to 3.696% of the total outstanding voting shares of the bank. After the transaction, Ms. Nga increased the number of shares owned to 97.2 million shares, equivalent to 3.896% of SeABank's capital.
In a related development, SeABank has recently issued a document announcing unusual information about the candidacy and nomination of personnel expected to be elected to supplement and replace members of the Board of Directors and members of the Supervisory Board for the 2023-2028 term.
These personnel will be elected at the bank's 2024 Annual General Meeting of Shareholders. The number of additional personnel elected is: 1 member of the Board of Directors and 1 member of the Supervisory Board.
Shareholders and groups of shareholders according to the list finalized on January 15, 2024, owning 10% or more of the total number of common shares will have the right to nominate candidates to participate in the election of members of the Board of Directors and the Board of Supervisors .
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