Five funds belonging to VinaCapital sold nearly 3.1 million PNJ shares on July 8, 2026, reducing the group’s ownership to 4.9999% and exiting PNJ’s major shareholder position.
Generali Vietnam Life Insurance Co., Ltd. sold all 399,400 PNJ shares; Opportunity Stock Fund sold all 175,800 PNJ shares; Leading Enterprise Stock Fund sold more than 1.1 million PNJ shares; Strategic Growth Stock Fund sold 619,300 PNJ shares; and Modern Economy Stock Fund sold 781,760 PNJ shares.
Before the transaction, the five funds held a total of nearly 6.4 million PNJ shares (about 1.241%). After the sale, holdings dropped to about 3.3 million shares (0.6379%).
Seven other VinaCapital funds also held more than 22.3 million PNJ shares, equivalent to 4.362% of capital.
Thus, after the sale, the VinaCapital group holds nearly 25.6 million PNJ shares, about 4.9999% of charter capital, and exits the major shareholder seat at PNJ.
PNJ approved the sale of 169,559 treasury shares, equal to 0.03% of issued shares, to satisfy legal procedures for implementing a share repurchase plan. The sale price is not lower than VND 50,000 per share. The transaction window is not more than 30 days from the start date, expected in Q3 2026.
On August 17, 2026, PNJ will close the shareholder list to solicit opinions in writing. The exercise ratio is 1:1, meaning one share carries one vote. Execution is planned for August 2026, subject to regulatory approval.
At the AGM on April 22, 2026, PNJ shareholders approved the plan to repurchase shares to maximize long-term shareholder value.
