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ELP Decides on 1-for-1 Stock Dividend

[Asia Economy Reporter Minji Lee] ELP announced on the 11th that it has decided to conduct a stock dividend, providing one common share per one common share excluding treasury shares.


The total number of issued shares after the capital increase will be 9,325,130 shares. The record date for new shares allocation is the 26th of this month, and the scheduled listing date is the 14th of next month.


Accordingly, ELP's trading will be suspended for 30 minutes starting from 2:18 PM.


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