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HDB: Result of stock issuance to pay dividend Ho Chi Minh City Development Joint Stock Commercial Bank announced the result of stock issuance to pay dividend to existing shareholders as follows:
1) Information on stock:
- Stock name: Ho Chi Minh City Development Joint Stock Commercial Bank
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 1,608,848,818 shares
- Number of outstanding shares: 1,593,767,296 shares
- Number of treasury shares: 15,081,522 shares
- Number of shares expected to be issued: 398,441,824 shares
- Exercise ratio: 100:25 (Those who own 100 shares will receive 25 new shares.)
- Plan to deal with fractional shares: The distributed shares will not be rounded down into 01 share, the fractional shares (if any) will be given to Ho Chi Minh City Development Joint Stock Commercial Bank Labor Union.
- For example: at the record date, shareholder A owns 1,234 shares. With 25% performing ratio, the shareholder A will receive: 1,234 *25/100 = 308.5 shares. Therefore, the shareholder A will receive 308 new shares and fractional shares of 0.5 will be given to Ho Chi Minh City Development Joint Stock Commercial Bank Labor Union.
- Ending date: August 27, 2021
- Time for transferring shares: expected in September 2021.
2) Result of stock issuance:
- Number of distributed shares: 398,441,653 shares; Of which
+ Number of shares to distribute to shareholders according to the ratio 100:25 for 15,245 shareholders;
+ Number of fractional shares: 2,346 shares.
- Total shares after the issuance (August 30, 2021): 2,007,290,471 shares; Of which:
+ Number of outstanding shares: 1,992,208,949 shares
+ Number of treasury shares: 15,081,522 shares. HOSE
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