|
ADS: Stock issuance for dividend payment On August 22, 2022, Damsan Joint Stock Company announces the stock issuance for dividend payment to existing shareholders as follows:
- Stock name: Damsan Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 38,069,450 shares
- Number of outstanding shares: 38,069,450 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 5,710,417 shares
- Total value (based on par value): 57,104,170,000 dongs
- Exercise ratio: 15% (Those who own 100 shares will receive 15 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 183 shares. With 15% exercise ratio, the shareholder A will receive: 183 * 15/100 = 27.4 shares. According to rounding policy, the shareholder A will receive 27 new shares and the fractional shares of 0.4 share will be cancelled.
- Record date: September 06, 2022. HOSE
|
