EVG: Finalizing the list of shareholders entitled to receive 2025 stock dividend.
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Reason and purpose: Finalizing the list of shareholders entitled to receive 2025 stock dividend.
- Execution rate: 20:01 (shareholders are entitled to receive 1 new share for every 20 shares they own)
- Principle of rounding and handling fractional shares: For fractional shares (if any) arising when shareholders exercise their rights, to ensure that the number of shares issued does not exceed the planned number, the number of shares received by the shareholder will be rounded down to the whole number. Any fractional shares resulting from rounding when distributed to existing shareholders will be canceled.
- Example: Shareholder A owns 12,345 shares on the record date for receiving stock dividends. According to the exercise ratio of 20:1, Shareholder A will receive (12,345 x 1)/20 = 617.25 new shares. After rounding down, the actual number of shares received by Shareholder A is 617 shares. The resulting fractional share of 0.25 will be canceled.
- Payment place:
+ The holders whose shares have been deposited will receive stock dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive stock dividend at the headquarters of Everland Group Joint Stock Company, 3rd Floor, 97-99 Lang Ha Building, Dong Da Ward, Hanoi City, Vietnam. ID cards have to be presented.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
Everland Group Joint Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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