Friday, 11/04/2014 15:23

NSC: The record date for a dividend payment & rights offering

National Seed Joint Stock Company announces the record date to pay cash dividend and rights offering as follows:

-  Stock symbol: NSC

-  Ex-right date: April 15, 2014

-  Record date: April 17, 2014

-  Purpose:

·         To pay 2013 dividend by cash

·         To implement shareholders’ rights

  1. To pay 2013 dividend by cash:

-  Payment rate: 15%/par value

-  Payment date: May 12, 2014

-  Place of implementation:

·         Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

·         Shareholders whose shares have not been deposited: at head office of National Seed Joint Stock Company as from May 12, 2014.

  1. To implement shareholders’ rights: 5,014,919 shares

-  Exercise ratio: 02:01 (A shareholder owning 01 share will receive 01 right, 02 rights will be entitled to buy 01 new share)

-  Issue price: VND65,000/share

-  The number of shares offered to existing shareholders will be rounded down. The undistributed shares (if any) and fractional parts will be offered to other investors by the Board of Directors.

-  For example: At the record date, shareholder Nguyen Van A owns 111shares, the calculation will be: (111*1/2)=55.5 new shares. Therefore, shareholder A will have the right to buy 55 new shares.

-  Principle for rights transfer:

·         Time of transfer: from May 05, 2014 to May 19, 2014.

·         Rights are transferred only once at the price agreed by 2 partners and not done again to the third one.

-  Regulation on stock purchase:

·         Time for registration and payment: From May 05, 2014 to May 26, 2014

·         The new shares are transferable.

-  Place of implementation:

·         Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

·         Shareholders whose shares have not been deposited: at head office of National Seed Joint Stock Company.

-  Bank for blocking depository money:

·         Account name National Seed Joint Stock Company

·         Account number of VND: 102010001912443at Vietinbank – Hoang Mai Branch.

HOSE

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