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DBC: Stock issuance to pay dividend On March 19, 2020, DABACO Group announces the stock issuance to pay dividend to existing shareholders as follows:
- Stock name: DABACO Group
- Stock code: DBC
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 91,099,828 shares
- Number of outstanding shares: 91,099,828 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 13,664,973 shares; Of which:
+ Stock issuance to pay stock dividend for 2018: 4,554,991 shares;
+ Stock issuance to pay stock dividend for 2019: 9,109,982 shares.
- Total value (based on par value): VND 136,649,730,000
a. Stock issuance to pay stock dividend for 2018:
- Exercise ratio: 5%/par value, equivalent to 20:1 (shareholder who owns 01 share will receive 01 right, and with every 20 rights will be entitled to have 01 new share.)
b. Stock issuance to pay stock dividend for 2019:
- Exercise ratio: 10%/par value, equivalent to 10:1 (shareholder who owns 01 share will receive 01 right, and with every 10 rights will be entitled to have 01 new share.)
- Record date: April 07, 2020
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled. HOSE
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