On January 26, 2022, Travel Investment and Seafood Development Corporation reports the result of stock issuance for dividend payment to existing shareholders as follows:
I. Information on stock:
1) Stock name: Travel Investment and Seafood Development Corporation
2) Stock type: common share
3) Par value: 10,000 dongs/share
4) Number of shares issued: 46,005,413 shares
5) Number of outstanding shares: 46,005,413 shares
6) Number of treasury shares: 0 share
7) Number of shares expected to be issued: 9,201,082 shares
8) Exercise ratio: 20%
9) Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
10) Ending date: expected in February 2022
11) Time for transferring shares: expected on February 28, 2022.
II. Result:
1) Number of distributed shares: 9,201,004 shares; Of which:
- Number of distributed shares to shareholders according to the rate: 20% shares for 607 shareholders;
- Number of fractional shares: will be cancelled
2) Total shares after the issuance (January 20, 2022): 55,206,417 shares; Of which:
- Number of outstanding shares: 55,206,417 shares
- Number of treasury shares: 0 share.
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