SPB: Payment of 2021 Stock Dividend and Right issue to existing shareholders
Date update 10/03/2023 - 16:08:37
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
Issuser's name:
Phu Bai Spinning Mill Joint Stock Company
Securities name:
Share of Phu Bai Spinning Mill Joint Stock Company
Securities code:
SPB
ISIN:
VN000000SPB2
Par value:
10,000 VND
Trading Platform:
UpCOM
Securities type:
Common share
Record date:
20/03/2023
Reason:
Payment of 2021 Stock Dividend and Right issue to existing shareholders
1. Payment of 2021 Stock Dividend
- Execution rate:
+ Common share: 10:1 (Shareholders are entitled to receive 1 new share for every 10 shares they own)
+ Preferred stock: None
- Principle of rounding, handling the fractional shares and unsubscribed shares: the number of shares issued will be rounded down to the whole number, the fractional shares will be distributed by the Board of Directors to other parties with appropriate method and conditions at the price not lower than that offered to existing shareholders. The Company will comply with provisions of Article 42 of Decree 155/2020/ND-CP of the Government issued on 31st December 2020 regulating the detailed implementation of some articles of the Securities Law. The above shares are subject to transfer restriction within 1 year from the date of offering completion.
Example: shareholder A who owns 299 shares is entitled to receive 29.9 shares (299*1/10 = 29.9). Thus, shareholder A is entitled to receive 29 new shares from dividend payment. the 0.9 fractional shares will be accumulated for the whole issuance and handled as described above.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the Headquarters of Phu Bai Yarn Joint Stock Company. ID cards have to be presented.
2. Right issue to existing shareholders
- Right code: MIRSPB231
- ISIN code: VNMIRSPB2316
(Effective date of code allocation: 28th March 2023; effective date of code cancellation: 25th April 2023)
- Planned quantity of issued shares: 4.550.000 shares
- Issue price: 20,000 VND/share
- Execution rate: 190:91 (shareholders are entitled to 1 right for each share that they own and to buy 91 new shares for every 91 rights).
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any): the number of shares issued will be rounded down to the whole number (if any), the fractional shares and/or unsubscribed shares will be distributed by the Board of Directors to other parties with appropriate method and conditions at the price not lower than that offered to existing shareholders. The Company will comply with the provisions of Article 42 of Decree 155/2020/ND-CP of the Government issued on 31st December 2020 regulating the detailed implementation of some articles of the Securities Law. The above shares will be restricted from being transferred for at least 1 year from the date of completion of the offering.
Example: shareholder A who owns 299 shares is entitled to buy 29.6 shares (299*91/190 = 143.2). Thus, shareholder A is entitled to receive 143 new shares and to buy at the price of 20,000 VND/share
- Regulations on rights transfer:
+ Time period for right transfer: from 28th March 2023 to 14th March 2023
+ Rights are transfered once only. The transferee of the right to buy is not transferable to a third party
- Regulations on subscription:
+ Time period for subscription and payment: from 28th March 2023 to 20th April 2023
+ Subscribed shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at the Head office of Phu Bai Spinning Mill Joint Stock Company, Phu Bai industrial zone, Phu Bai ward, Huong Thuy town, Thua Thien Hue province.
- Information on blockade account for subscription:
+ Account holder: Phu Bai Spinning Mill Joint Stock Company
+ Account number: 1028994129
+ Account opening place: Vietcombank - Hue Branch
Schedule for DMs to process right issue with VSD is detailed in the attached file.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 AM, 22nd March 2023
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs and direct account holding members by VSD accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
- Execution rate:
+ Common share: 10:1 (Shareholders are entitled to receive 1 new share for every 10 shares they own)
+ Preferred stock: None
- Principle of rounding, handling the fractional shares and unsubscribed shares: the number of shares issued will be rounded down to the whole number, the fractional shares will be distributed by the Board of Directors to other parties with appropriate method and conditions at the price not lower than that offered to existing shareholders. The Company will comply with provisions of Article 42 of Decree 155/2020/ND-CP of the Government issued on 31st December 2020 regulating the detailed implementation of some articles of the Securities Law. The above shares are subject to transfer restriction within 1 year from the date of offering completion.
Example: shareholder A who owns 299 shares is entitled to receive 29.9 shares (299*1/10 = 29.9). Thus, shareholder A is entitled to receive 29 new shares from dividend payment. the 0.9 fractional shares will be accumulated for the whole issuance and handled as described above.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the Headquarters of Phu Bai Yarn Joint Stock Company. ID cards have to be presented.
2. Right issue to existing shareholders
- Right code: MIRSPB231
- ISIN code: VNMIRSPB2316
(Effective date of code allocation: 28th March 2023; effective date of code cancellation: 25th April 2023)
- Planned quantity of issued shares: 4.550.000 shares
- Issue price: 20,000 VND/share
- Execution rate: 190:91 (shareholders are entitled to 1 right for each share that they own and to buy 91 new shares for every 91 rights).
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any): the number of shares issued will be rounded down to the whole number (if any), the fractional shares and/or unsubscribed shares will be distributed by the Board of Directors to other parties with appropriate method and conditions at the price not lower than that offered to existing shareholders. The Company will comply with the provisions of Article 42 of Decree 155/2020/ND-CP of the Government issued on 31st December 2020 regulating the detailed implementation of some articles of the Securities Law. The above shares will be restricted from being transferred for at least 1 year from the date of completion of the offering.
Example: shareholder A who owns 299 shares is entitled to buy 29.6 shares (299*91/190 = 143.2). Thus, shareholder A is entitled to receive 143 new shares and to buy at the price of 20,000 VND/share
- Regulations on rights transfer:
+ Time period for right transfer: from 28th March 2023 to 14th March 2023
+ Rights are transfered once only. The transferee of the right to buy is not transferable to a third party
- Regulations on subscription:
+ Time period for subscription and payment: from 28th March 2023 to 20th April 2023
+ Subscribed shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at the Head office of Phu Bai Spinning Mill Joint Stock Company, Phu Bai industrial zone, Phu Bai ward, Huong Thuy town, Thua Thien Hue province.
- Information on blockade account for subscription:
+ Account holder: Phu Bai Spinning Mill Joint Stock Company
+ Account number: 1028994129
+ Account opening place: Vietcombank - Hue Branch
Schedule for DMs to process right issue with VSD is detailed in the attached file.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 AM, 22nd March 2023
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs and direct account holding members by VSD accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
SCHEDULE FOR EXECUTION OF RIGHT ISSUE
- Security name: share of Phu Bai Spinning Mill Joint Stock Company
- Record date: 20th March 2023
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 10:30 am on 22nd March 2023
- Time period for right transfer: from 28th March 2023 to 14th April 2023
- Time period for subscription and payment: from 28th March 2023 to 20th April 2023
- Deadline for depository members' submission of subscription list and making relevant payment to VSD: 24th April 2023
- Account for cash transferring:
+ Account number: 122.10.00.0173177
+ Account name: Vietnam Securities Depository
+ At the bank: Bank for Investment and Development of Vietnam - Ha Thanh Branch.
- Record date: 20th March 2023
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 10:30 am on 22nd March 2023
- Time period for right transfer: from 28th March 2023 to 14th April 2023
- Time period for subscription and payment: from 28th March 2023 to 20th April 2023
- Deadline for depository members' submission of subscription list and making relevant payment to VSD: 24th April 2023
- Account for cash transferring:
+ Account number: 122.10.00.0173177
+ Account name: Vietnam Securities Depository
+ At the bank: Bank for Investment and Development of Vietnam - Ha Thanh Branch.
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6
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3,320
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811
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37
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9,880,100