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VID: Stock issuance for dividend payment
HOSE - 6/16/2022 2:05:00 PM
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On June 15, 2022, Vien Dong Investment Development Trading Corporation announces the stock issuance for dividend payment to existing shareholders as follows:

-          Stock name: Vien Dong Investment Development Trading Corporation

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 35,510,789 shares

-          Number of outstanding shares: 35,510,789 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 5,326,618 shares

-          Total value (based on par value): 53,266,180,000 dongs

-          Issue ratio: 100:15

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 264 shares. With 15% exercise ratio, the shareholder A will receive: 264 * 15/100 = 39.6 shares. Accordingly, the shareholder A will receive 39 new shares and the fractional shares of 0.6 share will be cancelled.

-          Record date: July 06, 2022.

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