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TEG: Stock issuance for dividend payment

07/06/2023
On June 05, 2023, Truong Thanh Energy and Real Estate Joint Stock Company announces the stock issuance for dividend payment as follows: -          Stock name: Truong Thanh Energy and Real Estate Joint Stock Company -          Stock type: common share -          Par value: 10,000 dongs -          Number of shares issued: 65,591,772 shares -          Number of outstanding shares: 65,591,772 shares -          Number of treasury shares: 0 share -          Number of shares expected to be issued: 7,215,094 shares -          Total value (based on par value): 72,150,940,000 dongs -          Exercise ratio: 100:11) (Those who own 100 shares will receive 11 new shares). -          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled. -          For example: at the record date, shareholder A owns 186 shares. With 100:11 exercise ratio, the shareholder A will receive: 186 *11/100= 20.46 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.46 share will be cancelled. -          Record date: June 16, 2023.
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