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ADS: Stock issuance for dividend payment
HOSE - 8/24/2022 5:46:00 PM
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On August 22, 2022, Damsan Joint Stock Company announces the stock issuance for dividend payment to existing shareholders as follows:

-          Stock name: Damsan Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 38,069,450 shares

-          Number of outstanding shares: 38,069,450 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 5,710,417 shares

-          Total value (based on par value): 57,104,170,000 dongs

-          Exercise ratio: 15% (Those who own 100 shares will receive 15 new shares)

-          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 183 shares. With 15% exercise ratio, the shareholder A will receive: 183 * 15/100 = 27.4 shares. According to rounding policy, the shareholder A will receive 27 new shares and the fractional shares of 0.4 share will be cancelled.

-          Record date: September 06, 2022.

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