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CTF: Approved the plan to pay stock dividend for 2019 The Board resolution dated October 26, 2021, the BOD of City Auto Corporation approved the plan to pay stock dividend for 2019 with details as follows:
- Stock name: City Auto Corporation
- Stock type: common share
- Stock code: CTF
- Par value: VND10,000/share
- Number of outstanding shares: 68,300,000 shares
- Number of shares expected to be issued: 4,098,000 shares
- Total value of issuance (at par value): 40,980,000,000 dongs
- Issuance ratio: 6%
- Exercise ratio: 100:6 (Those who own 100 shares will receive 06 new shares.)
- Charter capital after the issuance: VND723,980,000,000
- Issuance form: to issue shares for 2019 dividend payment.
- 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 owned 109 shares. With 100:6 performing ratio, the shareholder A will receive: 109*6/100 =6.54 shares. According to rounding policy, the shareholder A receives 06 new shares and the fractional shares of 0.54 will be cancelled.
- Time of implementation: Quarter 4/2021 after being approved by the State Securities Commission of Vietnam (SSC).
- Transfer restriction: none
HOSE
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