VND: Payment of 2022 stock dividend; Right issue to existing shareholders
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
1. Payment of 2022 stock dividend
- Payment rate: 5% (Shareholders are entitled to 5 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares (if any): The number of shares issued for shareholders will be rounded down to the whole number. The decimal fractional shares (if any) will be removed.
For example: at the record date, shareholder A who owns 82 shares is entitled to receive 82*5% = 4.1 shares. According to the principle of rounding, shareholder A will only receive 4 shares and the 0.1 fractional shares will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive shares at VNDirect Joint Stock Securities Company (no.1 Nguyen Thuong Hien, Nguyen Du ward, Hai Ba Trung district, Hanoi) on working days. ID cards/passports and Certificate of shareholder have to be presented.
2. Right issue to existing shareholders
- Right code: MIRVND241
- ISIN code: VNMIRVND2410
(Effective date of code allocation: 06/06/2024; effective date of code cancellation: 08/07/2024)
- Quantity of issued shares: 243,568,801 shares;
- Offering price: 10,000 VND/ share.
- Execution rate: 5:1 (Shareholders are entitled to 1 right for every 5 shares they own and to buy 1 new share for each right).
- Principle of rounding, handling fractional shares: the number of shares additionally issued to each shareholder will be rounded down to the whole number. The fractional shares (if any) will be removed.
For example: at the record date, shareholder A who owns 82 shares is entitled to buy 82:5 = 16.4 shares. According to the principle of rounding, shareholder A will only be entitled to buy 16 shares and the 0.4 fractional shares will be removed.
+ Principle of handling unsubscribed shares: the Board of Directors will decide the offering of unsubscribed shares to other investors/shareholders at the price not lower than that offered to existing shareholders
- Regulations on rights transfer:
+ Time period for right transfer: From 06/06/2024 to 26/06/2024;
+ Purchase right can be transferred once only (transferor is not allowed to transfer to the 3rd party)
- Regulations on subscribed shares:
+ Time period for subscription and payment: From 06/06/2024 to 03/07/2024.
+ Subscribed shares are freely-transferable. Those shares offered by the BOD will be subject to transfer restriction within 1 year from the date of offering completion
Place for implementation:
+ The holders whose shares have been deposited will 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 transfer of purchase right, subscription and payment at VNDirect Joint Stock Securities Company (no.1 Nguyen Thuong Hien, Nguyen Du ward, Hai Ba Trung district, Hanoi)
- Information on blockade account for subscription:
+ Account holder: VNDirect Joint Stock Securities Company
+ VND account number: 1020045370
+ Account opening place: Vietcombank – Tay Ho Branch
Schedule for DMs to process right issue with VSD is detailed in the attached file.
Deadline for sending confirmation: by 10.30am, 03/06/2024.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSDC 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 VND SHARES
- Security name: shares of VNDirect Joint Stock Securities Company
- Record date: 30/05/2024
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30 am on 03/06/2024
- Time period for right transfer: from 06/06/2024 to 26/06/2024
- Time period for subscription: from 06/06/2024 to 03/07/2024
- Deadline for members' submission of subscription list and making relevant payment to VSDC: 05/07/2024.
Account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ At the bank: Bank for Investment and Development of Vietnam – Ha Thanh Branch
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43,509|6,134
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6
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3,303
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808
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37
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9,686,077