Son of SeABank Vice President persists in selling shares

Southeast Asia Commercial Joint Stock Bank (SeABank - HoSE: SSB) has just announced information on stock transactions of insiders and related persons of insiders.

Accordingly, Mr. Le Tuan Anh, son of Ms. Nguyen Thi Nga - Permanent Vice Chairman of the Board of Directors of SeABank, has just registered to sell 1.5 million SSB shares by negotiation and/or order matching in the period from October 17 to November 15, 2024 for the purpose of restructuring personal finances.

Before the transaction, Mr. Tuan Anh owned nearly 53.5 million shares, equivalent to 1.886% of capital. If the transaction goes smoothly, the number of shares owned by Mr. Tuan Anh is expected to decrease to nearly 52 million shares, equivalent to 1.833% of capital at SeABank.

SSB stock price movements in the past month.

Previously, during the period from September 12 to October 9, 2024, Mr. Tuan Anh also sold 501,800 shares by order matching, reducing the number of shares owned to 53.5 million shares, accounting for 1.886% of the total outstanding voting shares of the bank.

Mr. Tuan Anh registered to sell 1.5 million shares during the above period. However, due to unsuitable market conditions, he was unable to sell all of the above shares.

It is estimated that according to the market price of SSB shares at the end of the session on October 9, which was 17,500 VND/share, Mr. Tuan Anh earned about 8.8 billion VND from selling shares.

On the stock market, at the end of the session on October 14, SSB shares were trading down 1.14% compared to the previous session to VND17,400/share with a trading volume of 2 million units.

Since the beginning of the month, SSB's stock price has increased by 14.1% from the reference level of VND15,250/share with an average trading volume of 1 million units/day.

In the latest development, last September, SeABank announced the Resolution of the Board of Directors approving the last registration date to exercise the right to attend the bank's extraordinary General Meeting of Shareholders and collect shareholders' opinions in writing as October 14, 2024.

In addition to registering to exercise the right to attend the extraordinary General Meeting of Shareholders, the bank also collects shareholders' opinions in writing to approve the Charter, internal regulations on corporate governance, regulations on organization and operation of the Board of Directors and regulations on organization and operation of the Board of Supervisors.

Source: https://www.nguoiduatin.vn/con-trai-pho-chu-tich-seabank-kien-tri-ban-ra-co-phieu-204241014182608586.htm