Lao Cai Mineral Exploitation and Processing Joint Stock Company announced the resolution of the Board of Directors dated April 25, 2013:
Article
1: Executing the
plan of issuing shares to pay the 2012 dividend:
-
Name
of stock: Stock of Lao Cai Mineral Exploitation and Processing Joint Stock
Company
-
Stock
type: common stock
-
Stock
code: LCM
-
Par
value: VND10,000/share
-
Number of
outstanding shares: 21,420,000 shares
-
Treasury stock volume: 0 share
-
Exercise ratio: 15%
-
Issue
volume: 3,213,000 shares (from paying the 2012 stock dividend)
-
Total
value (basing on par value): VND32,130,000,000.
-
Issue method: to the public issuance
-
Finance resource: Undistributed profit after
tax
-
Objects
of the issue: Holders of the Company’s common stock as on the record date.
-
Place & procedure of payment:
+
Shareholders whose shares have been deposited: at
the securities firms where the shares have been deposited.
+
Shareholders whose shares have not been deposited:
at Lao Cai Mineral
Exploitation and Processing Joint Stock Company, 045 Phan Dinh Phung Street,
Pho Moi Ward, Lao Cai City, Lao Cai province, and please submit ID cards.
-
Plan
to deal with fractional shares:
+
The distributed shares will be rounded down. The fractional
shares (if any) will be bought by the Company with price VND10,000/share.
+
Holders of the Company’s common stock as on the
record date will be entitled to receive one right per share. 20 rights will
entitle its holder to purchase 03 shares
-
The
Board of Directors was unanimously to list all of the dividend shares on the
Hochiminh Stock Exchange.
-
The
entire dividend shares will be listed on the Hochiminh Stock Exchange and
deposited in the Vietnam Securities Depository after the issuance is completed.
-
Inplement
date: expected in Quarter 2, 2013.
Article 2: This resolution takes effect from April
25, 2013.
