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DBC: Adjustment of conversion price of convertible bond DBCCB2011
DABACO Group (DBC) announces the adjustment of conversion
price of convertible bond DBCCB2011 as follows:
1.
Principles
According
the General Mandate on 14/08/2010 and 17/04/2011, conversion price and number
of bonds to be converted will be determined accoring to the anti-dillution
term, rounding principle and conversion price at the time of bond issue. More
details, conversion price is adjusted in the following cases:
- Bonus
share issue to outstanding shareholders
- Share
issue to outstanding shareholders with the issue price lower than the market
price at the time of issue.
- Cash
dividend payment
- Dividend
payment by share
The
adjusted conversion price complies with the following formula:
Adjusted
conversion price = conversion price before the issue* PRt/PR(t-1)
Whereas:
PRt:
adjusted price of the stock
PR(t-1):
price of the stock before the adjustment
2. Adjustment of conversion price in case of cash dividend
payment 15%
- Ex-date: 05/12/2012
- Record date: 07/12/2012
On the ex-date, reference price of DBC stock is adjusted
down VND1,500/share compared to the average trading price of the previous day
(from VND22,500 down to VND21,000; the decrease ratio is 6.67%)
Accordingly, conversion price of convertible bond
DBCCB2011 is adjusted from VND14,000/share down to VND13,067/share
HNX
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