PVD: Board Resolution plan for 2015 dividend payment Petrovietnam Drilling & Well Service Corporation announced Board Resolution approved plan for 2015 dividend paymentas follows:
- Stock name: Petrovietnam Drilling & Well Service Corporation
- Stock type: common share
- Par value: 10,000 dongs/share
- Total number of share issued: 348,466,259 shares
- Number of outstanding shares: 348,050,259 shares
- Number of treasury shares: 416,000 shares
- Number of shares expected to be issued: 34,805,025 shares
- Total value of shares expected to be issued (on par value): VND348,050,250,000
- Exercise ratio: 10%
- Estimated time of implementation: from October 17, 2016 to November 30, 2016
- 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 106 shares at the record date, he will receive 10 new shares. The fractional part ( 0.6 share) will be cancelled. HOSE
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