PTH: Right issue
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Right code: MIRPTH261
- ISIN code: VNMIRPTH2616
(Effective date of code allocation: 29/10/2026; effective date of code cancellation: 25/11/2026)
- Planned quantity of issued shares: 1,751,582 shares
- Issue price: VND 10,000/share
- Execution rate: 2:1 (a shareholder owning 1 share is entitled to 1 right. Every 2 rights entitle the holder to purchase 1 new shares).
- Principle of rounding, handling of fractional shares and unsubscribed shares:
+ To ensure that the number of shares offered does not exceed the planned amount, the number of additional shares that existing shareholders are entitled to purchase shall be rounded down to the whole number.
+ Any fractional shares arising from the exercise of rights—rounded down to the whole number—as well as any shares remaining unsold due to existing shareholders failing to subscribe or pay for their subscribed shares shall be handled at the discretion of the Board of Directors. The Board may decide to distribute these shares further (determining the recipients, criteria, distribution method, and offering price, provided that the offering price is not less than VND 10,000/ share) or may decide to cancel such shares and conclude the offering.
+ Any fractional shares (rounded down to the nearest whole number) and shares remaining unsold due to existing shareholders failing to subscribe or pay for their subscribed shares—if subsequently distributed by the Board of Directors to other parties in accordance with this plan—shall be subject to a transfer restriction for a period of one year from the date of offering closure.
+ The handling of shares remaining unsold due to existing shareholders failing to subscribe or pay for their subscribed shares has to comply with Article 42 of Decree No. 155/2020/NĐ-CP dated December 31, 2020, as well as other requirements stipulated in Clause 2, Article 195 of the Law on Enterprises and other relevant provisions of current law. In the event that the period for share distribution—as prescribed by applicable laws (including any permitted extensions, if applicable)—expires and there remain undistributed shares, such shares shall be cancelled, and the Board of Directors shall issue a decision to conclude the offering.
- Example: Shareholder A, who holds 1,255 shares as of the record date for the exercise of shareholder rights, is granted 1,255 rights to purchase new shares. Given an exercise ratio of 2:1, Shareholder A is entitled to purchase an additional 627.5 shares (calculated as 1,255 x 1 / 2), which is rounded down to the nearest whole number, resulting in 627 shares. Consequently, Shareholder A is eligible to purchase 627 shares from the additional offering.
- Regulations on rights transfer:
+ Time period for right transfer: from 29/10/2026 to 12/11/2026.
+ Rights may be transferred only once; the transferee of such rights is not permitted to transfer them to a third party. Rights may be subdivided and transferred to multiple investors, subject to an agreement between the parties involved. The transferor and the transferee shall mutually agree upon the transfer price and payment terms, and shall be responsible for fulfilling all obligations in accordance with applicable regulations regarding the transfer.
+ To ensure compliance with the regulations on the maximum foreign ownership limit at PTH, shareholders may only transfer their rights to domestic investors.
- Regulations on subscription:
+ Period for share subscription and payment: From 29/10/2026 to 19/11/2026.
+ Subscribed securities are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to carry out procedures for the transfer of subscription rights, subscription registration, and payment at the depository members (DMs) where they opened depository accounts.
+ The holders whose shares have not been deposited shall carry out procedures for the transfer of subscription rights, subscription registration at Petrolimex Hatay Transportation and Service Joint - Stock Company – Registered office address: Km 17, National Highway 6, Yen Nghia Ward, Hanoi.
- Information on blockade account for subscription:
+ Account holder: Petrolimex Hatay Transportation and Service Joint - Stock Company
+ Account number: 999668001
+ Account opening place: Southeast Asia Commercial Joint Stock Bank
- Information on VSDC' Branch account receiving subscription payments from depository members:
+ Account holder name: Viet Nam Securities Depository and Clearing Corporation - Hochiminh Branch
+ Account number: 1190078737
+ Bank: Joint Stock Commercial Bank for Investment and Development of Vietnam - Hà Thanh Branch
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
Petrolimex Hatay Transportation and Service Joint - Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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