PGI: Result of stock issuance for capital increase Petrolimex Insurance Corporation reported the result of stock issuance for capital increase from the owner’s equity as follows:
I. Information on stock:
- Stock name: Petrolimex Insurance Corporation
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 88,717,773 shares
- Number of outstanding shares: 88,717,773 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 22,179,443 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 be rounded down to units, the fractional shares (if any) will be cancelled.
- Ending date: March 25, 2022
- Time for transferring shares: expected in Quarter II/2022.
II. Result:
1. Number of distributed shares: 22,179,023 shares; Of which:
- Number of distributed shares to shareholders: 22,179,023 shares for 1,970 shareholders;
- Number of fractional shares: 420 shares (These shares will be cancelled.)
2. Total shares after the issuance (March 25, 2022): 110,896,796 shares; Of which:
- Number of outstanding shares: 110,896,796 shares
- Number of treasury shares: 0 share.
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