Execution rate: 20:3 (Shareholders are entitled to receive 3 new shares for every 20 shares they own)
- Principle of rounding and handling fractional shares (if any): the number of issued shares for shareholders will be rounded down to the whole number. The decimal fractional shares (if any) will be removed.
- Example: On the record date, Shareholder A holds 218 shares. With execution rate of 20:3, Shareholder A is entitled to receive: (218/20*03=32,70)= 32.7 shares. Applying the rounding rule, Shareholder A receives 32 shares, and the 0.7 fractional share is cancelled.
- Payment place:
+ The holders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive shares atPTSC OFFSHORE SERVICES JOINT STOCK COMPANY at 65A, 30/4 Street, Rach Dua Ward, Ho Chi Minh City. ID cards have to be presented.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
PTSC OFFSHORE SERVICES JOINT STOCK COMPANY and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.