FPT lists additional 50 million shares

These are common shares and the change takes effect from July13.

In 5 months, FPT gained VND 15,962 billion in revenue, an increase of 30% over the same period in 2014, reaching 108% of 5-month plan. Profit before tax was VND 1,117 billion, a growth of 12% compared with the same period, reaching 111% of the plan.

HCMC Stock Exchange (HOSE) just approved of FPT Corporation’s listing additional 51,835,723 shares. The total value of this listing was over VND 500 billion and the capitalization was increased by more than VND 2,000 billion.

After the change, the total number of FPT shares is 397,531,640 shares. So the value of FPT shares (par value) is equivalent to VND 3,975,316,400,000. That FPT issued shares to pay dividends in 2014 resulted in this change.

FPT just completed the increase of charter capital from VND 3,456 billion to VND 3,975 billion. FPT issued 51.8 million shares to pay dividends at the yield of 15%. The capital for dividend payment came from undistributed after-tax profit.

In addition to the 15% share dividend, FPT’s shareholders received a cash dividend at the yield of 20%, equivalent to VND 691 billion. The cash payment was made on 06.12.2015.

In late April, FPT issued more than 1.7 million ESOP shares for employees with significant achievements in 2014.

In 2015, FPT aimed at 13% revenue growth, 16% growth of pretax profit.