HOSE issued an announcement regarding the record date of Gia Lai Electricity Joint Stock Company (GEG) as follows:
- Estimated issue volume: 18,222,932 shares
- Exercise ratio: 100:6
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
For example, if shareholder A owns 222 shares at the record date, he will receive 13.32 new shares. However, after rounded down, the real number of shares he receives is 13 shares. The fractional part (0.32 share) will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Gia Lai Electricity Joint Stock Company.