The Board resolution dated April 13, 2022, the BOD of EVN Finance Joint Stock Company approved the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: EVN Finance Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Stock code: EVF
- Number of shares issued: 324,486,958 shares
- Number of outstanding shares: 324,486,958 shares
- Number of shares expected to be issued: 26,607,930 shares
- Total value of issue (at par value): VND266.079.300.000
- Exercise ratio: 100:8.2 (Those who own 100 shares will receive 8.2 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units and the fractional shares will be distributed to the Trade Union of EVN Finance Joint Stock Company.
- For example: at the record date, shareholder A owned 100 shares. With 8.2% performing ratio, the shareholder A will receive: 100*8.2% = 8.2 shares. According to rounding policy, the shareholder A will receive 08 new shares and fractional shares of 0.2 share will be distributed to the Trade Union of EVN Finance Joint Stock Company.
- Time of implementation: expected from Quarter II/2022, after being approved the State Securities Commission of Vietnam (SSC).