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DBC: Plan for stock issuance to pay dividend for 2021
HOSE - 5/24/2022 1:35:00 PM
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On dated May 10, 2022, the BOD of DABACO Group approved to implement the plan to issue shares for 2021 dividend payment with details as follows:

-          Stock name: DABACO Group

-          Stock code: DBC

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of outstanding shares: 230,478,860 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 11,523,943 shares

-          Total value of issuance (at par value): VND115,239,430,000

-          Exercise ratio: 5% (20:1) (Those who own 20 shares will receive 01 new share).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 22 shares. With 5% exercise ratio, the shareholder A will receive: 22*5% = 1.1 shares. According to rounding policy, the shareholder A will receive 01 new share and the fractional shares of 0.1 share will be cancelled.

-          Transfer restriction: none

-          Time of implementation: expected in Quarter II/2022 or Quarter III/2022, after being approved by the State Securities Commission of Vietnam (SSC).

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