Smartfren Telecom increases capital without rights issue, 910,000,000 shares on August 23, 2016
PT. Bursa Efek Indonesia announced that there had been a listing of capital increase without pre-emptive rights (PMTHMETD) of PT Smartfren Telecom Tbk (FREN).
The securities information to be listed is as follows:
| Number of shares | 910,000,000 shares |
| Nominal value | Rp 100 |
| Exercise price | Rp 100 |
| Origin of shares | Pre-emptive Rights |
| Listing date | August 23, 2016 |
| Trading Date | August 23, 2016 |
| Number of shares listed before without pre-emptive rights | 102,795,870,101 shares |
| Number of shares listed after the without pre-emptive rights | 103,705,870,101 shares |
As stated in a letter of PT. Wahana Inti Nusantara dated August 5, 2016, PT Wahana Inti Nusantara has expressed its readiness for the new shares from the capital increase without preemptive rights to be Locked up for 1 (one) year since the shares are listed in Bourse.
