Monday, 18/04/2022 11:01

PVD: Notice of record date for stock dividend payment

On April 13, 2022, Petrovietnam Drilling & Well Service Corporation announces the record date as follows:

-          Record date: April 29, 2022

  1. Reason & Purpose: to pay stock dividend for 2019 and 2020.
  2. Content:

-          Expected issue volume: 178,876,205 shares

-          Exercise ratio: 20% (10:2) (Those who own 10 shares will receive 02 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 106 shares. With 20% performing ratio, the shareholder A will receive: 106*20%= 21.2 shares. According to rounding policy, the shareholder A will receive 21 new shares and the fractional shares of 0.2 share will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Petrovietnam Drilling & Well Service Corporation.

HOSE

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