Issuer

PT. Bank Bumi Arta Tbk

Issuer Code

BNBA

Number of shares offered

616,000,000 shares

Ratio (previous stock:new stock)

9:2

Nominal Value

Rp 100 per share

Exercise Price

 Rp 1,345

Dilution (if shareholders do not exercise their rights)

 18.18 %

Plan of proceeds usage

The purpose of PMHMETD II is to meet the minimum core capital for 2022 stipulated in POJK 12/2020, so that the company's core capital will be a minimum of Rp 3,000,000,000,000 (three trillion Rupiah) and strengthen the company's capital structure.

Proceeds obtained from PMHMETD II after deducting emission costs will be used by the company, as follow:

  • About 80% for additional working capital in the form of lending.
  • Approximately 10% for investment in information technology infrastructure and human resources related to additional workforce in developing digital banking services, and
  • The remaining 10% is for business expansion in developing new products, including digital savings and digital deposits.
  • Further information regarding the proceeds usage obtained from PMHMETD II can be seen in chapter II proceeds usage obtained from Public Offering in the Prospectus.

Extraordinary General Meeting of Shareholders (EGMS)

August 3, 2022

Effective Date

November 21, 2022

Cum Date in Regular and Negotiated Markets

November 29, 2022

Ex Date in Regular and Negotiated Markets

November 30, 2022

Cum Date in Cash Market

December 1, 2022

Ex Date in Cash Market

December 2, 2022

Recording Date

December 1, 2022

Distribution Date

December 2, 2022

Listing Date

December 5, 2022

Trading Period of Rights issue

December 5- 9, 2022

Distribution Period of Rights Issue

December 7-13, 2022

Last Payment Date of Additional Share Orders

December 13, 2022

Allotment Date

December 14, 2022

Refund date of excess money purchase of Additional Shares

December 16, 2022

(W)

BNBA - PT. Bank Bumi Arta Tbk

Rp 610

+25 (+4,00%)