Ba Ria – Vung Tau House Development Joint Stock Company (HODECO) has reported the result of share issue for dividend payment and share issue to increase the Company’s share capital from the owner’s capital as follows:
I. Information on stock:
- Stock name: Stock of Ba Ria – Vung Tau House Development Joint Stock Company
- Charter capital: VND274,097,410,000
- Number of outstanding shares before the issuance: 27,408,212 shares
- Number of treasury shares before the issuance: 1,529 shares
- Stock type: common share
- Stock code:HDC
- Par value: 10,000 dongs / share
- Number of shares expected to be issued: 13,704,105 shares, in which:
ü To pay 2013 dividend to existing shareholders: 4,111,231 shares (ratio: 15%, the one who owns 100 shares will receive 15 new shares)
ü To increase the Company’s share capital from the owner’s capital: 9,592,874 shares (ratio: 35%, the one who owns 100 shares will receive 35 new shares)
- Purpose: to pay the 2012 dividends to the existing shareholders and increase the Company’s share capital from the owner’s capital
- Record date: December 19, 2014
- Ex-right date: December 17, 2014
- Estimated trading date: in January 2015
II. Result:
- Number of distributed shares: 13,703,458 shares (including 594 treasury shares)
ü Number of issued shares to increase the Company’s share capital from the owner’s capital: 9,592,254 shares
ü Number of issued shares to pay the 2013 dividend: 4,111,204 shares (including 594 treasury shares)
- Number of distributed shareholders: 1,438 shareholders.
- Plan to deal with fractional shares:
ü To pay the 2013 dividend: The distributed shares will be rounded down. The fractional parts will be bought back at VND10,000/share
ü To increase the Company’s share capital from the owner’s capital: The distributed shares will be rounded down. The fractional parts will be cancelled.
- Total number of current shares:
ü Number of outstanding shares: 41,111,076 shares
ü Number of treasury shares: 2,123 shares.
