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POM: Stock issuance to pay dividend
HSX - 9/25/2018 2:55:00 PM
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   On September 24, 2018, Pomina Steel Corporation announces the stock issuance to pay dividend to existing shareholders as follows:

-       Stock name: Pomina Steel Corporation

-       Stock code: POM

-       Charter capital:  VND1,874,499,510,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of share issued: 187,449,951 shares

-       Number of outstanding shares: 186,317,161 shares

-       Number of treasury shares: 1,132,790 shares

-       Number of shares expected to be issued: 55,895,148 shares

-       Total value (based on par value): VND558,951,480,000

-       Exercise ratio: 10:3 (Shareholders are entitled to have 03 new share for every 10 shares owned.)

-       Record date: October 09, 2018

-       Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-       For example: At the record date, shareholder A owned 91 shares. With 30% performing ratio, the shareholder A will receive: 91 * 0.3 = 27.3 shares. According to rounding policy, the shareholder A receives 27 new shares. The fractional shares of 0.3 will be cancelled.

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