ADG: Implementing the plan for stock issuance The Board resolution dated June 25, 2021, the BOD of Clever Group Corporation approved the following plans:
- Approving to implement the stock issuance to pay dividend for 2020:
- Stock name: Clever Group Corporation
- Stock code: ADG
- Stock type: common share
- Par value: VND10,000
- Number of shares expected to be issued: 1,800,033 shares
- Total value of issue (based on par value): VND18,000,330,000
- Exercise ratio: 10% (100:10)
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 160 shares. With 8% performing ratio, the shareholder A will receive: 160 *8% =12.8 shares. According to rounding policy, the shareholder A receives 12 new shares and the fractional shares of 0.8 will be cancelled.
- Expected issue time: Quarter II/2021 or Quarter III/2021, after being approved by the State Securities Commission of Vietnam (SSC).
- Expected charter capital: VND198,003,660,000
- Approving to implement the stock issuance under ESOP:
- Stock name: Clever Group Corporation
- Stock code: ADG
- Stock type: common share
- Par value: VND10,000
- Number of shares expected to be issued: 90,000 shares
- Issue price: VND10,000/share
- Total value of issue (based on par value): VND900,000,000
- Issue ratio: 0.5%
- Transfer restriction: 01 year from the finish date of the issuance.
- Expected execution time: Quarter II/2021 or Quarter III/2021, after being approved by the State Securities Commission of Vietnam (SSC). HOSE
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