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).