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LPB: Stock issuance for dividend payment On July 16, 2021, Lien Viet Post Joint Stock Commercial Bank announces the information on stock issuance for dividend payment as follows:
- Stock name: Lien Viet Post Joint Stock Commercial Bank
- Stock type: common share
- Number of shares issued: 1,074,638,915 shares
- Number of outstanding shares: 1,074,638,915 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 128,956,669 shares
- Total value of issue (at par value): VND1,289,566,690,000
- Exercise ratio: 100:12 ((Those who own 100 shares will receive 12 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 1,005 shares. With 100:12 performing ratio, the shareholder A will receive: 1,005 *12/100 =120.6 shares. According to rounding policy, the shareholder A will receive 120 new shares and fractional shares of 0.6 will be cancelled.
- Record date: July 22, 2021.
HOSE
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