On July 10, 2019, the Board of Directors of FPT Digital Retail Joint Stock Company approved to issue shares for 2018 dividend payment to shareholders as follows:
- Number of shares expected to be issued: 10,302,000 shares
- Total value (based on par value): VND103,020,000,000
- Expected charter capital after the issuance: VND789,820,000,000
- Issue ratio: 100:15 (shareholder who owns 01 share will receive 01 right, and with every 100 rights will be entitled to receive 15 new shares.)
- Time of implementation: Q3.2019
- 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 102 shares. With 15% performing ratio, the shareholder A will receive: 102 * 15/100 = 15.3 shares. According to rounding policy, the shareholder A receives 15 new shares. The fractional shares of 0.3 will be cancelled.