TCD: Result of stock issuance to pay dividend Transport and Industry Development Investment Joint Stock Company announced the result of stock issuance to pay dividend for existing shareholders as follows:
1. Information on stock:
- Stock name: Transport and Industry Development Investment Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of outstanding shares: 32,485,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 1,949,100 shares
- Record date: July 06, 2017
- Estimated trading date: July 2017 or August 2017
2. Result of stock issuance:
- Number of distributed shares: 1,949,034 shares
- Number of distributed shareholders: 407 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- Example: At the record date to finalize shareholders, shareholder A owned 311 shares. With 6% performing ratio, the shareholder A will receive: 311 * 6% = 18.66 shares. According to rounding policy, the shareholder A receives 18 new shares. The fractional shares of 0.66 will be cancelled.
- Number of current shares on July 10, 2017: 34,434,034 shares:
+ Number of outstanding shares: 34,434,034 shares
+ Number of treasury shares: 0 share HOSE
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