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CTG: Stock issuance to pay dividend
HOSE - 6/24/2021 4:44:00 PM
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On June 23, 2021, Viet Nam Joint Stock Commercial Bank For Industry And Trade announces the stock issuance to pay dividend as follows:

-          Stock name: Viet Nam Joint Stock Commercial Bank For Industry And Trade

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 3,723,404,556 shares

-          Number of outstanding shares: 3,723,404,556 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 1,082,375,087 shares

-          Total value (based on par value): 10,823,750,870,000 dongs

-          Issuing ratio: 100:29.0695 (Shareholder who owns 1,000,000 shares will receive 290,695 new shares).

-          Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 100 shares. With 15% performing ratio, the shareholder A will receive: 100*29.0695/100 = 29.0695 shares. According to rounding policy, the shareholder A receives 29 new shares and fractional shares of 0.0695 will be cancelled.

-          Expected execution time: July 08, 2021.

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