Tuesday, 26/04/2022 15:03

PVD: Record date for 2020 stock dividend payment

On April 20, 2022, the Hochiminh Stock Exchange issued an Announcement No.817/TB-SGDHCM about the record date of Petrovietnam Drilling & Well Service Corporation as follows:

-          Ex-right date: April 28, 2022

-          Record date: April 29, 2022

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

-          Expected issue volume: 84,225,957 shares

-          Exercise ratio: 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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