On January 24, 2022, Everland Group Joint Stock Company reports the result of stock issuance for dividend payment to existing shareholders as follows:
I. Information on stock:
1) Stock name: Everland Group Joint Stock Company
2) Stock type: common share
3) Par value: 10,000 dongs/share
4) Number of shares issued: 105,000,000 shares
5) Number of outstanding shares: 105,000,000 shares
6) Number of treasury shares: 5,250,000 shares
7) Number of shares expected to be issued: 2,796,946 shares
8) Exercise ratio: 20:1 (Those who own 20 shares will receive 01 new share).
9) Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
10) Ending date: January 18, 2022
11) Time for transferring shares: expected in February 2022.
II. Result:
1) Number of distributed shares: 5,250,000 shares; Of which:
- Number of distributed shares to shareholders according to the rate: 5,249,836 shares for 2,050 shareholders;
- Number of fractional shares: 164 shares
2) Total shares after the issuance (January 18, 2022): 110,249,836 shares; Of which:
- Number of outstanding shares: 110,249,836 shares
- Number of treasury shares: 0 share.
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