NAF: Notice of stock issue for dividend 2018 & ESOP
NAF: Notice of stock issue for dividend 2018 & ESOP
Nafoods Group Joint Stock Company (NAF) announces the stock issue for the 2018 dividend payment and the employee stock ownership plan (ESOP) as follows:
1. Plan for stock dividend payment:
- Stock: Stock of Nafoods Group Joint Stock Company
- Stock type: common stock
- Par value: 10,000 VND/share
- Number of issued shares: 36,299,782 shares
- Number of outstanding shares: 36,299,720 shares
- Number of treasury shares: 62 shares
- Estimated issue volume: 5,444,958 shares
- Estimated issue value: 54,449,580,000 VND
- Issue ratio: 15% on the outstanding shares
- Financial resource: the undistributed after-tax profit at 12/31/2018.
- Record date: June 13, 2019
- The number of shares distributed to each shareholder will be rounded down. The fractional part (if any) will be cancelled.
- For example, if shareholder A owns 84 shares at the record date, he will the right to receive 84*15/100 = 12.6 new shares. After rounded down, the number of shares shareholder A receives is 12 shares. The fractional part (0.6 share) will be cancelled.
2. The employee stock ownership plan (ESOP):
- Stock: Stock of Nafoods Group Joint Stock Company
- Stock type: common stock
- Par value: 10,000 VND/share
- Number of issued shares: 36,299,782 shares
- Number of outstanding shares: 36,299,720 shares
- Number of treasury shares: 62 shares
- Estimated issue volume: 1,814,986 shares
- Estimated issue value: 18,149,860,000 VND
- Issue ratio: 5% on the outstanding shares
- Financial resource: the undistributed after-tax profit at 12/31/2018.
- Transfer restriction: none
- Time of implementation: from June 14, 2019 to July 15, 2019
HOSE
