HPG: Plan for 2021 dividend payment The Board resolution dated May 26, 2022, the BOD of Hoa Phat Group Joint Stock Company approved the following contents:
1. Plan for stock issuance to pay dividend:
- Stock name: Hoa Phat Group Joint Stock Company
- Stock code: HPG
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 4,472,922,706 shares
- Number of outstanding shares: 4,472,922,706 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 1,341,876,811 shares
- Total value of issue (at par value): VND 13,418,768,118,000
- Exercise ratio: 30% (Those who own 10 shares will receive 03 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 129 shares. With 30% exercise ratio, the shareholder A will receive: 129 * 30% = 38.7 shares. According to rounding policy, the shareholder A will receive 38 new shares and the fractional shares of 0.7 share will be cancelled.
- Expected issue time: from June 2022 to August 2022, after being approved by the State Securities Commission of Vietnam (SSC).
2. Plan for cash dividend payment:
- Exercise ratio: 5% (500 dongs/share)
- Payment time (estimated): from June 2022 to August 2022. HOSE
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