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LCG: Stock issuance for dividend payment On July 13, 2022, Lizen Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: Lizen Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 174,404,824 shares
- Number of outstanding shares: 172,404,486 shares
- Number of treasury shares: 2,000,338 shares
- Number of shares expected to be issued: 17,240,448 shares
- Total value (based on par value): 172,404,480,000 dongs
- Issue ratio: 10% (10:1) (Shareholder who owns 10 shares will receive 01 new share).
- 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 10% exercise ratio, the shareholder A will receive: 101 *10/100= 10.1 shares. According to rounding policy, the shareholder A will receive 10 new shares and the fractional shares of 0.1 share will be cancelled.
- Record date: August 10, 2022.
HOSE
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