Wednesday, 20/07/2022 17:32

LCG: Record date for 2021 stock dividend payment

On July 18, 2022, the Hochjminh Stock Exchange issued an Announcement No.1358/TB-SGDHCM about the record date of Lizen Joint Stock Company as follows:

-          Ex-right date: August 09, 2022

-          Record date: August 10, 2022

  1. Reason & Purpose: to pay stock divdiend for 2021.
  2. Content:

-          Exercise ratio: 10:1 (Those who own 10 shares will receive 01 new share.)

-          Expected issue volume: 17,240,448 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 101 shares. With 10:1 exercise ratio, the shareholder A will receive: 101 * 1/10 = 10.10 shares. According to rounding policy, the shareholder A will receive 10 new shares and the fractional shares of 0.10 share will be cancelled.

-          Place of implementation:

+ For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account.

+ For undeposited securities: Shareholder will receive dividend at LCG’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.

HOSE

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