ITC: Stock issuance for dividend payment On August 03, 2022, Investment and Trading of Real Estate Joint stock Company announces the stock issuance for dividend payment to existing shareholders as follows: - Stock name: Investment and Trading of Real Estate Joint stock Company - Stock type: common share - Par value: 10,000 dongs - Number of shares issued: 87,654,427 shares - Number of outstanding shares: 87,214,067 shares - Number of treasury shares: 440,360 shares - Number of shares expected to be issued: 8,721,406 shares - Total value (based on par value): 87,214,060,000 dongs - Issue ratio: 10% - Time of implementation: expected in Quarter 3/2022 or Quarter 4/2022 - 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 585 shares. With 10% exercise ratio, the shareholder A will receive: 585*10/100 = 58.5 shares. According to rounding policy, the shareholder A will receive 58 new shares and fractional shares of 0.5 share will be cancelled. HOSE
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