On July 27, 2022, the Hochjminh Stock Exchange issued an Announcement No.1413/TB-SGDHCM about the record date of Petrovietnam Drilling & Well Service Corporation as follows:
- Ex-right date: August 05, 2022
- Record date: August 08, 2022
1. Reason & Purpose: to pay stock divdiend for 2021.
2. Content:
- Exercise ratio: 10:1 (Those who own 10 shares will receive 01 new share.)
- Expected issue volume: 50,535,081 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 106 shares. With 10% exercise ratio, the shareholder A will receive: 106 * 10/100 = 10.6 shares. According to rounding policy, the shareholder A will receive 10 new shares and the fractional shares of 0.6 share will be cancelled.
- Place of implementation:
+ For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account.
+ For undeposited securities: Shareholder will receive dividend at PVD’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.