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IST stock bonus 2023 - Payment 1

IST Stock DividendCTCP ICD Tân Cảng Sóng Thần (IST)

CTCP ICD Tân Cảng Sóng Thần (IST) announces stock bonus for year 2023, payment 1 with ratio 100:24.98 (shareholders holding 100 shares will receive 24.98 additional shares). With approximately 12.01 million outstanding shares, the company is estimated to issue an additional approximately 3 million shares to distribute dividends to shareholders.

  1. Ex-Dividend Date

  2. Record Date

100:24.98

+24.98 shares/100 shares

- Execution ratio: 100:24.98.

- Explanation: At the record date, shareholders holding 100 shares will receive 24.98 new shares.

- Rounding policy: For fractional shares (if any) arising when shareholders exercise their rights, to ensure the number of shares issued does not exceed the planned issuance, the number of shares shareholders receive will be rounded down to the nearest whole number. Fractional shares arising from rounding when distributing to existing shareholders will be cancelled.

- Example: At the record date, shareholder A holds 222 shares IST. According to the stock dividend ratio of 100:24.98, the number of shares shareholder A will receive is (222 x 24.98)/100 = 55,456 new shares. According to the rounding and fractional share rules, shareholder A will receive 55 shares. Fractional shares (0.455600000000004 shares) will be cancelled.

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