On February 21, 2022, EVN Finance Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: EVN Finance Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 304,707,628 shares
- Number of outstanding shares: 304,707,628 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 19,805,995 shares
- Total value (based on par value): 198,059,950,000 dongs
- Issuing ratio: 6.5% (100:6.5) (Shareholder who owns 100 shares will receive 6.5 new shares).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 100 shares. With 6.5% performing ratio, the shareholder A will receive: 100*6.5/100 = 6.5 shares. According to rounding policy, the shareholder A receives 06 new shares and fractional shares of 0.5 will be cancelled.
- Record date: March 04, 2022.