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NKG: Stock issuance to pay dividend On May 23, 2022, Nam Kim Steel Joint Stock Company announces the stock issuance to pay dividend to existing shareholders with details as follows:
- Stock name: Nam Kim Steel Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 219,398,568 shares
- Number of outstanding shares: 219,398,568 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 43,879,713 shares
- Total value (based on par value): 438,797,130,000 dongs
- Exercise ratio: 100:20 (Shareholder who owns 100 shares will receive 20 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 101 shares. With 100:20 exercise ratio, the shareholder A will receive: 101 *20/100 = 20.2 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.2 share will be cancelled.
- Record date: June 06, 2022. HOSE
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