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FLC: Result of stock issuance to pay dividend FLC Group Joint Stock Company announced the result of stock issuance to pay dividend to existing shareholders as follows:
1) Information on stock:
- Stock name: FLC Group Joint Stock Company
- Number of outstanding shares: 638,038,737 shares
- Number of treasury shares: 0 share
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares expected to be issued: 44,662,712 shares
- Purpose: Stock issuance to pay dividend.
- Ex-right date: February 01, 2018
- Record date: February 02, 2018
- Trading date: expected in March 2018.
2) Result of stock issuance:
- Number of distributed shares: 44,658,624 shares
- Number of distributed shareholders: 21,607 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- At the record date, the shareholder A owns 198 shares. With 7% performing ratio, the shareholder A will purchase: 198 * 7/100 = 13.86 shares. According to rounding policy, the shareholder A purchases 13 new shares. The fractional shares of 0.86 will be cancelled.
- Number of current shares on February 06, 2018; in which:
+ Number of outstanding shares: 682,697,361 shares
+ Number of treasury shares: 0 share HOSE
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