PLC: Board Resolution on dividend payment
Petrolimex Petrochemical JSC (HNX: PLC) announces the Board Resolution approved on 20/10/2011 on the dividend payment by share to increase charter capital as follows:
According to the General Mandate 2010 approved on 22/04/2011, the Company decides to pay dividend in advance of 2011 by share to increase charter capital.
1. Exercise rate: 15% (Shareholders on the list to be recorded are entitled to receive 15 shares for every 100 shares they own)
2. Number of shares to be issued in this dividend payment: 6,547,833 shares
3. Total par value to be issue: VND65,478,330,000. The Company’s charter capital is expected to increase by VND65,478,330,000.
4. Total expected charter capital of the Company after the issue: VND502,013,320,000
5. Expected exercise date: Quarter IV/2011
All additional shares in this issue will be listed on the HNX.
HNX
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