£ 1 Penny shares declare record date for 1: 1 bonus shares. Details here | Einsmark news

Penny Stock KBC Global will trade ex -bonus this week, as the company determined on April 4 as the record date for its bonus share issue in the ratio 1: 1. KBC Global’s board of directors approved the bonus share at its meeting on March 22. The 1: 1 Bonus edition ratio implies that investors will receive one share at no extra cost for every share held by them. With the aim of determining the suitability of shareholders to receive the said bonus shares, the company set as the record date on April 4. According to the T+1 settlement system, investors must buy the shares of the company at least one day before the record date for their names to appear on the books’ books. Therefore, April 3 is the last day when investors can buy shares of Penny Stock KBC Global to be eligible for bonus share allocation. Previously, the company announced a bonus share issue in 4: 1 relationship in 2021, with the record date set like August 2021. More to come … Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. Business NewsMarketsstock Markets £ 1 Penny Stock declares record date for 1: 1 bonus stocks. Details here more less