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AGR: Plan for stock issuance to raise capital from the owner' equity On November 01, 2022, the BOD of AgriBank Securities Corporation approved the implementation of the plan to issue shares for capital increase from the owner' equity with details as follows:
- Stock name: AgriBank Securities Corporation
- Stock code: AGR
- Stock type: common share
- Par value: VND10,000/share
- Charter capital before the issuance: VND2,120,000,000,000
- Number of shares issued: 212,000,000 shares
- Number of outstanding shares: 211,999,953 shares
- Number of treasury shares: 47 shares
- Number of shares expected to be issued: 3,396,309 shares
- Total value of issue (at par value): VND33,963,090,000
- Expected stock volume after the issuance: 215,396,309 shares
- Estimated charter capital after the issuance: VND2.153.963.090.000
- Exercise ratio: 100,000:1,602 (1.602%) (Those who own 100,000 shares will receive 1,602 new shares)
- Time of implementation: expected in Quarter IV/2022
- 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 257 shares. With 100,000:1,602 exercise ratio, the shareholder A will receive: 257 *1,062/100,000 = 4.117 shares. According to rounding policy, the shareholder A will receive 04 new shares and the fractional shares of 0.117 share will be cancelled. HOSE
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