VCI: Record date for 2021 stock dividend payment

VCI: Record date for 2021 stock dividend payment

On August 11, 2022, the Hochjminh Stock Exchange issued an Announcement No.1488/TB-SGDHCM about the record date of Viet Capital Securities Joint Stock Company as follows:

-          Ex-right date: August 17, 2022

-          Record date: August 18, 2022

1. Reason & Purpose: to pay stock divdiend for 2021.
2. Content:

-          Exercise ratio: 10:3 (Those who own 10 shares will receive 03 new shares.)

-          Expected issue volume: 100,500,000 shares

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.

-          For example: at the record date, shareholder A owns 222 shares. With 10:3 exercise ratio, the shareholder A will receive: 222 * 3/10 = 66.6 shares. According to rounding policy, the shareholder A will receive 66 new shares and the fractional shares of 0.6 share will be cancelled.

-          Place of implementation:

+ For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account.

+ For undeposited securities: Shareholder will receive dividend at VCI’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.

HOSE