PET: Result of stock issuance for dividend payment

PET: Result of stock issuance for dividend payment

    Petrovietnam General Services Corporation reports the result of stock issuance for dividend payment to existing shareholders as follows:

I. Information on stock:

1. Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
2. Stock name: Petrovietnam General Services Corporation
3. Stock type: common share
4. Number of shares issued: 90,450,124 shares
5. Number of outstanding shares: 89,837,424 shares
6. Number of treasury shares: 612,700 shares
7. Number of shares expected to be issued: 8,983,742 shares
8. Exercise ratio: 100:10 (01 share – 01 right, 100 rights – 10 new shares)

9. Ending date: January 19, 2023
10. Time for transferring shares: expected in February 2023.

II. Result:

1. Number of distributed shares: 8,981,873 shares; Of which:

-        Number of distributed shares to shareholders according to the rate: 8,981,873 shares for 8,348 shareholders;

-        Number of fractional shares: the fractional shares (1,869 shares) will be cancelled.

2. Total shares after the issuance: 99,431,997 shares; Of which:

-  Number of outstanding shares: 98,819,297 shares;

-  Number of treasury shares: 612,700 shares.

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