Power Construction Joint Stock Company No 1 reports the result of stock issuance for 2021 dividend payment to existing shareholders as follows:
I. Information on stock:
- Stock name: Power Construction Joint Stock Company No 1
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 235,159,649 shares
- Number of outstanding shares: 235,159,649 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 35,273,947 shares
- Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- Ending date: November 02, 2022
- Time for transferring shares: expected in December 2022.
II. Result:
1. Number of distributed shares: 35,273,353 shares; Of which:
- Number of distributed shares to shareholders according to the rate: 35,273,353 shares for 11,953 shareholders;
- Number of fractional shares: 575.8 shares (These shares cancelled)
2. Total shares after the issuance: 270,433,002 shares; Of which:
- Number of outstanding shares: 270,433,002 shares
- Number of treasury shares: 0 share.