LPB: Payment of 2022 Stock Dividend and Right Issue
Date update 20/07/2023 - 16:18:44
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
Issuser's name:
Lien Viet Post Joint Stock Commercial Bank
Securities name:
Shares of Lien Viet Post Joint Stock Commercial Bank
Securities code:
LPB
ISIN:
VN000000LPB7
Par value:
10,000 VND
Trading Platform:
HOSE
Securities type:
Common shares
Record date:
23/08/2023
Reason:
Payment of 2022 Stock Dividend and Right Issue
1. Payment of 2022 Stock Dividend
- Principle of rounding, handling fractional shares: The number of shares issued to existing shareholders will be rounded down to the whole number, the fractional will be removed.
- For example: shareholder A who owns 1,005 shares is entitled to receive 190.95 shares (1,005 × 19% = 190.95). Shareholder A will only receive 190 new shares and the 0.95 fractional shares will be removed.
+ 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 2 addresses of Lien Viet Securities Joint Stock Company. Identity papers have to be presented.
*1st place: Head office
Address: Level 2, Him Lam building, no.234 Ngo Tat To, ward 22, Binh Thanh district, Hochiminh city
Tel: (028) 730 98198
*2nd place: Branch of Lien Viet Securities Joint Stock Company
Address: Level 6, LPB Tower, no.210 Tran Quang Khai, Trang Tien ward, Hoan Kiem district, Hanoi
Tel: (024) 394 12299
2. Right issue
+ Right code: MIRLPB231
+ ISIN code: VNMIRLPB2313
(Effective date of code allocation: 5th September 2023; effective date of code cancellation: 29th September 2023)
+ Planned quantity of issued shares: 500,000,000 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 100:28.916 (shareholders are entitled to 1 right for each share that they own and to buy 28.916 new shares for every 100,000 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ Principle of rounding: the number of shares entitled to buy will be rounded down to the whole number. The number of shares entitled to buy less than 1 will be removed. The total fractional shares will be aggregated and the Board of Directors will make decision on distributing to other investors
- Example: On record date, Shareholder Nguyen Van A who owns 100 shares is entitled to buy 28.916 shares. According to the principle of rounding, shareholder A will be entitled to buy 28 new shares. The 0.916 fractional share shall be aggregated and allocated by the Board of Directors to other investors.
+ Principle of handling fractional shares and unsubscribed shares:
The total number of shares includes: The number of shares due to the existing shareholders do not exercise/or fully exercised their right, and the fractional shares after being aggregated.
Issuing price: Authorizing the Board of Directors to decide the time of reallocation but not lower than that offered to existing shareholders.
Subjects and method of distribution
. Being domestic investors (the reallocation to domestic investors does not increase the foreign ownership ratio at the Bank, ensuring the foreign ownership ratio at the Bank in accordance with prevailing laws)
. The BOD decides and selects distribution to domestic investors ensuring compliance with prevailing laws
Transfer restriction: New shares reallocated to other investors are subject to transfer restriction within one year from the date of completion of the offering.
Organizations, individuals and related people that are entitled to reallocated shares have to ensure their ownership ratio not exceeding the ownership limit as specified at Points a and b, Clause 1, Article 35 of the Securities Laws. The reallocation to related organizations, individuals and people has to comply with the provisions of Article 42, Decree 155/2020/ND-CP dated December 31st, 2020 and ensure other conditions as prescribed in Clause 2, Article 195 of the Law on Enterprises, Article 55 of the Law on Credit Institutions No. 47/2010/QH12, revised documents and other relevant regulations in accordance with prevaling laws.
If shares are not fully allocated, the charter capital will be increased according to the number of actually issued shares.
- Regulations on rights transfer:
+ Time period for right transfer: from 5th September 2023 to 22nd September 2023
+ Purchase right can be transferred once only.
- Regulations on subscription:
+ Time period for subscription and payment: from 5th September 2023 to 26th September 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 2 addresses of LIEN VIET SECURITIES CORPORATION
. 1st address: Head office:
Level 2, Him Lam building, no.234 Ngo Tat To, ward 22, Binh Thanh district, Hochiminh city
Tel: (028) 730 98198
. 2nd address: Branch of LIEN VIET SECURITIES CORPORATION
Level 6, ThaiHoldings Tower, no.210 Tran Quang Khai and 17 Tong Dan, Trang Tien ward, Hoan Kiem district, Hanoi
Tel: (024) 394 12299
- Information on blockade account for subscription:
+ Account holder: Lien Viet Post Joint Stock Commercial Bank
+ Account number: 113892666666
+ Account opening place: Vietinbank - Ba Dinh 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, 25th August 2023
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs 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 OF LPB SHARES
- Issuer: Lien Viet Post Joint Stock Commercial Bank
- Security name: share of Lien Viet Post Joint Stock Commercial Bank
- Security type: Right issue
- Record date: 23rd August 2023
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30am on 25th August 2023
- Time period for right transfer: from 5th September 2023 to 22nd September 2023
- Time period for subscription: from 5th September 2023 to 26th September 2023
- Deadline for members' submission of subscription list and making relevant payment to VSD: 28th September 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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3,141
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792
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37
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9,021,652