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PAN: Record date for stock issuance to raise capital On January 10, 2020, the Hochiminh Stock Exchange issued Announcement No.39/TB-SGDHCM about the record date of The PAN Group Joint Stock Company as follows:
- Ex-right date: January 31, 2020
- Record date: February 03, 2020
- Reason & Purpose: to issue shares for capital increase from the owner’s equity.
- Content:
- Expected issue volume: 43,258,035 shares
- Exercise ratio: 4:1 (shareholder who owns 04 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: At the record date, shareholder A owned 1,050 shares. With 4:1 performing ratio, the shareholder A will receive: 1,050 /4 = 262.5 shares. According to rounding policy, the shareholder A receives 262 new shares. The fractional shares of 0.5 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 The PAN Group Joint Stock Company. HOSE
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