SSB: Record date for stock dividend payment & share issuance

On June 16, 2023, the Hochiminh Stock Exchange issued an Announcement No.1067/TB-SGDHCM about the record date of Southeast Asia Commercial Joint Stock Bank as follows: -          Ex-right date: June 23, 2023 -          Record date: June 26, 2023 Reason & Purpose:   -          To pay stock dividend payment for 2022; -          To issue shares for capital increase from the owner’s equity. Content: a.    To pay stock dividend payment for 2022: -          Expected issue volume: 295,200,000 shares -          Exercise ratio: 100:14.4684 (Those who own 100 shares will receive 14.4684 new shares.) -          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be distributed to the Trade Union of Southeast Asia Commercial Joint Stock Bank. -          For example: at the record date, shareholder A owns 1,000 shares. With 100:14.4684 performing ratio, the shareholder A will receive: 1,000 *14.4684/100 = 144.6840 shares. According to rounding policy, the shareholder A will receive 144 new shares. -          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 SSB’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. b.      To issue shares for capital increase from the owner’s equity: -          Expected issue volume:  118,201,732 shares -          Exercise ratio: 100:5.7933 (Those who own 100 shares will receive 5.7933 new shares.) -          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be distributed to the Trade Union of Southeast Asia Commercial Joint Stock Bank. -          For example: at the record date, shareholder A owns 1,000 shares. With 100:5.7933 performing ratio, the shareholder A will receive: 1,000 *5.7933/100 = 57.9330 shares. According to rounding policy, the shareholder A will receive 57 new shares. -          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 SSB’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