JAKARTA - PT Elang Mahkota Teknologi Tbk (EMTK) will hold a private placement by issuing 75 million shares of IDR 20 each. This corporate action is considered a part of management and employee stock option programme (MESOP).

In the information disclosure quoted Monday (11/12), the issuer is stated to set up MESOP next week (19/12) with an offering price of IDR 515 per share. Once calculated, the total transaction value from this MESOP may reach IDR 38.62 billion.

As of November 30, 2023, EMTK’s total shares were reported at 61.24 billion with controlling shareholder’s portion of 78.06% and non-controller of 21.94%.

The shareholder structure consists of Eddy K. Sariaatmadja of 21.94% (President Commissioner), Susanto Suwarto of 11.62%, PT Adikarsa Sarana of 10.46%, Piet Yauri of 8.15%, PT Prima Visualindo of 6.2%, the Northern Trust of 7.01%, Anthoni Salim of 9%, Alvin W. Sariaatmadja of 0.06% (President Director), then the directors: Yuslinda Nasution of 0.02%, Sutanto Hartono of 0.02%, Jay Geofrye of 0.03%, Sutiana Ali of 0.01%, Titi Maria Rusli of 0.01%, the public 25.07%, and treasury stock of 0.4%.

On Monday (11/12), the transaction of EMTK was closed at IDR 550 per share. The lowest it went was to IDR 540 per share, while the peak reached IDR 595 per share. The volume of traded shares was 24,844,200 shares, recorded within 3,197 transactions worth a total of IDR 14.05 billion. (LK/ZH)