Wednesday, 06/05/2015 00:00

PET: The record date for dividend in stock

On May 04, 2015 HOSE issued Announcement No.479/TB-SGDHCM on the record date of Petrovietnam General Services Corporation as follows:

-          Ex-right date: May 15, 2015          

-          Record date: May 19, 2015           

-          Purpose: to pay 2014 dividend in stock.

-          Detailed information:

-          Exercise ratio: 19% or 100:19

-          Estimated issue volume: 13,269,980 shares(The one who owns 100 shares at the record date will receive 19 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-          For example, if shareholder A owns 110 shares at the record date, he will receive: (110 x 19%) = 20.9 shares. However, because of rounding down, he will receive only 20 new shares. The fractional part will be cancelled.

-          Place of payment:

  • Shareholders whose shares have been deposited: shareholders will receive dividend at the securities firms where the shares have been deposited.
  • Shareholders whose shares have not been deposited: shareholders will receive dividend at the head office of Petrovietnam General Services Corporation.

HOSE

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