DGC: Plan for stock issuance to pay dividend for 2021

The Board resolution dated April 13, 2022, the BOD of Duc Giang Chemicals Group Joint Stock Company approved the plan to issue shares for 2021 dividend payment with details as follows:

-          Stock name: Duc Giang Chemicals Group Joint Stock Company

-          Stock type: common share

-          Par value: VND10,000/share

-          Stock code: ACB

-          Number of shares issued: 171,080,556 shares

-          Number of outstanding shares: 171,079,683 shares

-          Numbe of treasury shares: 873 shares

-          Number of shares expected to be issued: 200,163,229 shares

-          Total value of issue (at par value): VND2,001,632,290,000

-          Issue rate: 117% (Those who own 100 shares will receive 117 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units and the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owned 101 shares. With 117% performing ratio, the shareholder A will receive: 101*117/100 = 118.17 shares. According to rounding policy, the shareholder A will receive 118 new shares and fractional shares of 0.17 share will be cancelled.

Time of implementation: expected in April 2022 or May 2022.

HOSE

>   ACB: Plan for stock issuance to pay dividend (15/04/2022)

>   ICT: RECORD DATE FOR CASH DIVIDEND OF 2021 (14/04/2022)

>   PDR: Stock issuance to pay dividend (13/04/2022)

>   FIT: Adjusting the record date to pay stock dividend for 2020 (13/04/2022)

>   HAH: Announcement of cash and stock dividend payment for 2021 (13/04/2022)

>   VietinBank Securities: Approved the result of stock issuance to pay dividend (13/04/2022)

>   HAH: Stock issuance to pay dividend (13/04/2022)

>   FIT: Stock issuance to pay dividend (13/04/2022)

>   FIT: Public offering and stock dividend payment (13/04/2022)

>   SAV: Approved the plan for dividend payment (13/04/2022)