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STK: Resolution on the distribution of unsold shares Century Synthetic Fiber Corporation (STK) announces the Board resolution dated March 28, 2019 as follows:
1. The Board of Directors approved the result of stock issuance to the existing shareholders as follows:
- Number of shares registered to offer: 10,789,426 shares; Of which:
+ Stock issuance to pay dividend for 2017: 4,195,646 shares;
+ Stock offering to existing shareholders: 5,993,780 shares;
+ Stock issuance to employees: 600,000 shares.
- Number of shares subscribed and paid: 10,288,934 shares; Of which:
+ Number of shares issued to pay dividend for 2017: 4,195,366 shares;
+ Number of shares offered to existing shareholders: 5,975,968 shares;
+ Number of shares offered to employees: 117,600 shares.
- Number of unsold shares: 500,212 shares; Of which:
+ Number of shares offered to existing shareholders: 17,812 shares;
+ Number of shares offered to employees: 482,400 shares
2. The Board of Directors approved to distribute 500,212 unsold shares:
- Number of shares offered to existing shareholders: 17,812 shares;
- Number of shares offered to employees: 482,400 shares
+ Time for subscription and payment: before March 28, 2019
+ Offering price: VND10,000/share
+ These shares will be restricted in 01 year from the issue date.
- Number of shares offered to other employees:
+ Time for subscription and payment: before March 28, 2019
+ Offering price: VND10,000/share
+ These shares will be restricted in 02 years from the issue date.
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