Petrolimex Joint Stock Tanker Company (PJT) announced announces a bonus share issuance and payment dividend:
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Purpose: bonus share
issuance and payment for the 2012 dividend
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Plan to issue new shares to pay 2012 dividend and give bonus
shares to its existing shareholders:
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Name of stock: Stock of Petrolimex Joint Stock Tanker
Company
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Stock type : Common stock
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Par value : VND10,000
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Total share: 8,400,000 shares
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Number of outstanding shares: 8,400,000 shares
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Treasury stock volume:
0 share
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Issue volume expected: 1,260,000 shares in which:
+
Payment for the 2012 dividend: 1,008,000 shares
+
Issue bonus shares: 252,000 shares
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Total value
issue: VND12,600,000,000
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Exercise ratio: 15% (a
shareholder owning 10 shares will get 1.5 new shares) in which:
+
Exercise ratio: 12% for payment dividend
+
Exercise ratio: 3% for increasing capital
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Finance resource:
+
Payment for the 2012 dividend: Profit after tax undistributed
+
Issue bonus shares: Investment & development fund until
December 31, 2012.
+
Record date: July 18,
2013
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Plan to deal with fractional shares: The distributed shares
will be rounded down. The fractional shares will be bought back as
treasury shares with price VND10,000.
For
example, if shareholder A owns 108 shares at the record date, he will receive:
(108*12%)+ (108*3%) = 16.2 shares. However, because of rounding down, he will
receive only 16 new shares and VND2,000 (=0.2 share*VND10,000).
