On July 18, 2022, City Auto Corporation reports the result of stock issuance for dividend payment to existing shareholders as follows:
I. Information on stock:
1. Stock name: City Auto Corporation
2. Stock type: common share
3. Par value: 10,000 dongs/share
4. Number of shares issued: 72,397,776 shares
5. Number of outstanding shares: 72,397,776 shares
6. Number of treasury shares: 0 share
7. Number of shares expected to be issued: 3,619,888 shares
8. Exercise ratio: 100:5 (Those who own 100 shares will receive 05 new shares)
9. Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
10. Ending date: July 13, 2022
11. Time for transferring shares: expected in August 2022.
II. Result:
1. Number of distributed shares: 3,619,766 shares; Of which:
- Number of distributed shares to shareholders according to the rate: 3,619,766 shares for 660 shareholders;
- Fractional shares volume: 122 shares (These shares will be cancelled)
2. Total shares after the issuance (July 13, 2022): 76,017,542 shares; Of which:
- Number of outstanding shares: 76,017,542 shares
- Number of treasury shares: 0 share.