PVD: BoD approves to issue shares to the 2017 dividend payment

On June 26, 2019, the Board of Directors of Petrovietnam Drilling & Well Service Corporation approved a plan for issuing shares to the 2017 dividend payment:

1)      Stock name: Stock ofPetrovietnam Drilling & Well Service Corporation

2)      Stock type: common share

3)      Par value: VND10,000/share

4)      Total issued volume: 383,266,160 shares

5)      Outstanding volume: 382,850,160 shares

6)      Treasury volume: 416,000 shares

7)      Expected issue volume: 38,285,016 shares

8)      Total issue value: VND382,850,160,000.

9)      Issue ratio: 10:1

10)  Financial resource: Undistributed profit after tax

11)  Implement date: From June 25, 2019 to August 31, 2019

12)  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled. 

HOSE

>   BSI: Result of stock issuance for dividend payment (28/06/2019)

>   CAN: Notice of record date for cash dividend payment (28/06/2019)

>   TV2: BOD approves the result of stock issuance to pay dividend (27/06/2019)

>   DSV: Notice of implementing the dividend payment of 2018 (27/06/2019)

>   AAM: BOD resolution on the first cash dividend for 2019 (27/06/2019)

>   TV2: Result of stock dividend payment (27/06/2019)

>   AAV: Notice of record date for cash dividend payment (27/06/2019)

>   BPWACO: The payment price for investors (26/06/2019)

>   PDN: Record date for 2018 dividend payment & stock issuance (26/06/2019)

>   DTI: Results of share issue for dividend payment (26/06/2019)