A bank boss sold shares on the floor but “forgot” to register
According to information from the Ho Chi Minh City Stock Exchange (HOSE), a Deputy General Director VPBank sold 25,000 shares of VPB. Transactions are carried out from February 7 to February 24, 2022 by order matching method on the floor.
Notably, VPBank’s “boss” sold shares when it had not previously disclosed registration information as prescribed. Accordingly, the data on the HOSE Portal and the VPBank website did not have a notice of registration to sell the above shares.
After the transaction, this leader reduced his ownership to more than 6.5 million VPB shares, equivalent to 0.144% of VPBank’s charter capital.
During the time VPBank’s deputy general manager sold shares, VPB’s market price fluctuated in the range of VND 35,000 – 38,000. Estimated at the average price of 36,500 VND/share, the above deputy general director can earn about 913 million VND.
Regarding VPB, this stock has just experienced 4 consecutive gaining sessions with high liquidity. Closing on April 4, VPB’s market price stopped at 39,000 VND/share, less than 4% from the historic peak (40,400 VND/share – the adjusted peak was recorded on July 5, 2021).
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