Bac Giang Exploitable Mineral Joint Stock Company announced that it would issue additional shares to pay dividends as follows:
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Stock code: BGM
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Stock type: common stock
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Par value: VND10,000/share
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Number of issued shares: 19,200,000 shares
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Number of outstanding shares: 19,200,000 shares
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Number of treasury shares: 0
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Number of shares to be issued for dividend payment: 2,304,000
shares
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Exercise ratio: 12% (or 100:12)
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Financial resource for the stock issue: BGM’s undistributed
profit
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Record date: December 30, 2013.
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Plan to deal with fractional share: The number of shares
distributed to each shareholder will be rounded down, and fractional share (if
any) will be cancelled.
For
example, shareholder A owns 181 shares, he will receive 21 shares (181/100) x
12 = 21.72 shares) and 0.72 share will be canceled.