Tuesday, 07/08/2018 10:27

FLC: Record date for 2017 stock dividend

   On August 06, 2018, HOSE issued Announcement No.1032/TB-SGDHCM on the record date for 2017 stock dividend of FLC Group Joint Stock Company as follows:

-       Ex-right date: August 14, 2018   

-       Record date:  August 15, 2018   

  1. Reason & Purpose: to pay stock dividend for 2017.
  2. Contents:

-       Exercise ratio: 4% (Shareholders are entitled to have 04 new shares for every 100 shares owned.)

-       Estimated issue volume: 27,307,894 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 198 shares. With 4% performing ratio, the shareholder A will receive: 198 * 4% = 7.92 shares. According to rounding policy, the shareholder A receives 07 new shares. The fractional shares of 0.92 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 FLC Group Joint Stock Company.

HOSE

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