LICOGI 16 Joint Stock Company reports the result of stock issuance to pay dividend to existing shareholders as follows:

1)      Information on stock:

-         Stock name: LICOGI 16 Joint Stock Company

-         Stock type: common share

-         Par value: 10,000 dongs/share

-         Number of shares expected to be issued: 12,348,163 shares

-         Purpose: to issue shares for 2019 dividend payment.

-         Record date: September 10, 2020

-         Expected trading date: October 2020.

2)      Result of stock issuance:

-        Number of distributed shares: 12,346,810 shares

-        Number of distributed shareholders: 4,157 shareholders

-        Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled. According to the list of shareholders for record date to implement rights of September 10, 2020, the number of distributed shares of 12,346,810 shares and the fractional shares of 1,353 shares will be cancelled.

-        Number of current shares on September 15, 2020: 117,248,510 shares; Of which:

+ Number of outstanding shares: 115,248,172 shares

+ Number of treasury shares:  2,000,338 shares.