HOSE announces the record date to issue new shares of Petro Viet Nam Low Pressure GAS Distribution Joint Stock Company as follows:
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PGD: The record date for shares issuance & right issue
HOSE announces the record date to issue new shares of Petro Viet Nam Low Pressure GAS Distribution Joint Stock Company as follows: |
Stock symbol : PGD
- Stock type : Common stock
- Par value : VND10,000
- Ex-right date : May 22, 2014
- Record date : May 26, 2014
- Purpose: Right issue and shares issuance to increase charter capital from Owners' Equity
- Shares issuance to increase charter capital from Owners' Equity:
- Exercise ratio: 100:12.789433 (a shareholder owning 100 shares will be entitled to buy 12.789433 new shares.)
- Estimated issue volume: 5,486,666 shares
- The number of share issuing will be rounded down to unit. The fractional parts and undistributed shares will be bought by the Company as treasury stock. Cash from selling fractional parts will be paid to related shareholders at the price of VND10,000/share.
For example: Shareholder Nguyen Van A owns 654 shares, the calculation will be: (654*12.789433)/100 = 83.6429 new shares. Therefore, shareholder A will have the right to buy 83 new shares and VND 6,429
- 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 Branch of Petro Vietnam Securities Incorporated.
- Right issue:
- Exercise ratio: 5:1 (shareholders are entitled to 1 right for every 1 share they own, and to buy 1 new share for every 5 rights)
- Issue price: VND10,000/share
- Estimated issue volume: 8,580,000 shares
- The number of share issuing will be rounded down to unit. The fractional parts and undistributed shares will be offered to other people with the price not lower than VND10,000/share.
For example: Shareholder Nguyen Van A owns 654 shares, the calculation will be: (654*1)/5 = 130.8 new shares. Therefore, shareholder A will have the right to buy 130 new shares
- Time to transfer rights: from June 04, 2014 to June 27, 2014
- Rights to buy shares are transferred only once.
- The new shares are transferable
- Time to register to buy shares: from June 04, 2014 to July 01, 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 Branch of Petro Vietnam Securities Incorporated
Bank for blocking depository money:
+ Account name: Petro Viet Nam Low Pressure GAS Distribution Joint Stock Company
+ Account number: 095100323088 at An Binh Commercial Joint Stock Bank - Huynh Tan Phat Transaction Counter- Sai Gon Branch.