Thursday, 13/06/2013 16:19

BID: BIDV to pay cash, stock dividends & offer new shares

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announced Board Resolution No.877/NQ-HDQT dated June 11, 2013 about the dividend payment and an announcement about public share offering dated June 11, 2013 as follows:

I.    Board Resolution No.877/NQ-HDQT:

-         The Board of Directors approved to pay dividends to the existing shareholders with the record date as follows:

+         Record date: June 25, 2013

-         Purpose:

+         Pay cash dividends for the last eight months of 2012: Payment ratio: 2.269%/charter capital. 

+         Pay stock dividends for the last eight months of 2012 - Installment 1: Exercise ratio = 4.52784%/charter capital.

+         Offer additional shares to the existing shareholders: Exercise ratio = 17.63655%/charter capital.

+         Pay stock dividends for the last eight months of 2012 - Installment 2: Exercise ratio = 0.4%/charter capital. BIDV will use the shareholder list on the record date of June 25, 2013 for the second dividend installment. 

 II.   Public share offering:

-         Issuer: Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)

-         Stock: Stock of Joint Stock Commercial Bank for Investment and Development of Vietnam

-         Stock type: common stock

-         Par value: VND10,000/share

-         Offering volume: 510,040,685 shares, in which:

-         Stock issued to pay dividends: 104,193,492 shares (4.52784%/charter capital)

-         Stock issued to the existing shareholders: 405,847,193 shares (17.63655%/charter capital)

-         Amount of capital needed: VND4,058,471,930,000.

-         Purpose: to increase working capital.

-         Offering price: VND10,000/share

-         Minimum buying amount: 01 share.

-         Registration period: from July 05, 2013 to July 25, 2013.

-         Registration location:

+         Joint Stock Commercial Bank for Investment and Development of Vietnam

+         Address: BIDV Tower, 35 Hang Voi, Hoan Kiem, Ha Noi

+         BIDV Securities Joint Stock Company

+         Address: Floor 1 – 10 – 11, BIDV Tower, 35 Hang Voi, Hoan Kiem, Ha Noi.

-         Bank account:

+         Account holder: Joint Stock Commercial Bank for Investment and Development of Vietnam

+         Account number: 02000130000080

+         Bank: Ha Noi Branch of Lao–Viet Bank

+         Address: 41 Hai Ba Trung, Tran Hung Dao, Hoan Kiem, Ha Noi.

HOSE

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