|
PAN: Record date for 2016 stock dividend On July 05, 2017, the Hochiminh Stock Exchange issued Announcement No.799/TB-SGDHCM about the record date for 2016 stock dividend of The PAN Group Joint Stock Company as follows:
- Ex-right date: July 17, 2017
- Record date: July 18, 2017
- Reason & Purpose: To pay stock dividend for 2016.
- Content:
- Exercise ratio: 15% , equivalent to 100:15 (Shareholders are entitled to have 15 new shares for every 100 shares owned)
- Expected issue volume: 15,351,374 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 90 shares. With 15% performing ratio, the shareholder A will receive: 90*15% = 13.5 shares. According to rounding policy, the shareholder A receives 13 new shares. The fractional shares of 0.5 will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at The PAN Group Joint Stock Company.
HOSE
|
