Tuesday, 28/05/2013 14:22

LCM: The record date for the 2012 dividend payment

HOSE announces the record date for the 2012 dividend payment of Lao Cai Mineral Exploitation and Processing Joint Stock Company:

-         Stock symbol:  LCM                

-         Ex-right date:    June 03, 2013

-         Record date:    June 05, 2013

-         Purpose:           to pay stock dividends of the year 2012 to the existing shareholders.

-         Exercise ratio:  15%

-         The one who owns 20 shares at the record date will receive 03 new shares.

-         Estimated issue volume: 3,213,000 shares.

-         Plan to deal with fractional shares:

+         The distributed shares will be rounded down. The fractional shares will be paid in cash at par value.

For example, if shareholder A owns 1,249 shares at the record date, he will receive: : 1,249 x 15% = 187,35  shares. However, because of rounding down, he will receive only 187 new shares and VND3,500 (=0.35 share*VND10,000).

Place 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: shareholders will receive dividend at Lao Cai Mineral Exploitation and Processing Joint Stock Company. Address: No. 045 Phan Dinh Phung, Pho Moi Ward, Lao Cai city, Lao Cai Province.

Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend.

HOSE

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