Wednesday, 13/08/2014 17:31

PVD: PVD declares 10% stock dividend

Petrovietnam Drilling & Well Service Corporation expects to issue more than 27.5 million shares to pay dividend as follows:

1)     Stock name: Stock of Petrovietnam Drilling & Well Service Corporation

2)     Stock type: common share

3)     Par value: 10,000 dongs / share

4)     Total volume: 275,528,695 shares

5)     Treasury volume: 36,450 shares

6)     Outstanding volume: 275,492,245 shares

7)     Expected issue volume: 27,549,224 shares

8)     Total issue value: VND275,492,240,000.

9)     Issue ratio (Expected issue volume/Total volume): 10%

10)  Financial resource: Undistributed after-tax profit.

11)  Record date: August 26, 2014

12)  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

HOSE

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