DIG: Plan for share issuance to existing shareholders

DIG: Plan for share issuance to existing shareholders

The Board resolution dated December 06, 2022, the BOD of Development Investment Construction Joint Stock Corporation approved the following issues:

1. Approved the plan to issue shares for existing shareholders:

-          Stock name: Development Investment Construction Joint Stock Corporation

-          Stock code: DIG

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 609,851,995 shares

-          Number of outstanding shares: 609,851,995 shares

-          Number of treasury shares: 0 share

-          Offering price: 15,000 dongs/share

-          Number of shares expected to be issued: 100,000,000 shares

-          Total value of issuance (at par value): VND 1,000,000,000,000

-          Total value (at the offering price:): VND1,500,000,000,000

-          Exercise ratio: 1,000:163.97 (Those who own 01 share will receive 01 right, and with every 1,000 rights will be entitled to purchase 163.97 new shares).

-          Exercise ratio: 10:1 (Those own who 10 shares will receive 01 new share)

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

-          Transfer restriction: none

-          Time of implementation: expected in Quarter 1/2023, after being approved by the State Securities Commission of Vietnam (SSC).

2. Approved the plan for using capital from the offering:

Total proceeds from the offering of VND1,500,000,000,000 will be used the following purposes:

HOSE