Jakarta, 07 October 2021 - After getting approval through Extraordinary General Meeting of Shareholders (RUPS-LB), PT Bank Central Asia Tbk’s share (IDX: BBCA) will be immediately traded under new price in accordance with stock split corporate action plan.
“We have coordinated with and received the approval from regulator to immediately implement the stock split plan which offers the BBCA share in accordance with the new price under 1:5 ratio. With this price, we hope that BBCA share can be absorbed by the investors, especially retail investors who have been waiting for this opportunity,” said the President Director of PT Bank Central Asia Tbk, Jahja Setiaatmadja.
Jahja added that BCA is aware with the development of Indonesian capital market, and the rising number of investors who joined the Indonesian Stock Exchange (IDX). The BBCA share stock split corporate action is expected to stimulate the growth of Indonesian capital market, in line with the company’s commitment since it started to take the floor in IDX.
The trading schedule for the BBCA share with new pricing shall be as follows:
| No. | Activity | Date |
|
1. |
Announcement for the Implementation Schedule on Stock Split in Indonesian Stock Exchange |
7 October 2021 |
|
2. |
End of share trading under old nominal price in Regular Market and Negotiated Market |
12 October 2021 |
|
3. |
Beginning of Share Trading under new nominal price in Regular Market and Negotiated Market |
13 October 2021 |
|
4. |
Determining which Shareholder has the right to the result from Stock Split (Recording Date) |
14 October 2021 |
|
5. |
Distribution of shares under new nominal price from Stock Split by PT Kustodian Sentral Efek Indonesia (“KSEI”) to Shareholders |
15 October 2021 |
|
6. |
Beginning of share trading under new nominal price in Cash Market |
15 October 2021 |
Previously, RUPS-LB has granted its approval on stock split corporate action with 1:5 ration (1 share split into 5 new shares). The current nominal price for each of BBCA share is amounted to IDR 62.5, while the nominal price of per BBCA share after stock split will be amounted to IDR 12.5. For your information, the BBCA share price at the moment of the publishing of this press release amounted to IDR 34,000/share.
For more information, please visit the following link:
https://www.bca.co.id/id/tentang-bca/hubungan-investor/berita-investor
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About PT Bank Central Asia Tbk (as of 30 June 2021)
BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of June 2021, BCA has the privilege of serving more than 26 million customer accounts, processing around 41 million of daily transactions through a network of 1,013 branches; 17,721 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With more than 25,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.
For more information, please contact :
PT BANK CENTRAL ASIA TBK
Corporate Secretariat Division – Corporate Communication Sub Division
Public Relations Bureau
Address : Jl. MH Thamrin No. 1
Menara BCA Grand Indonesia 20th Floor
Jakarta Pusat 10310
Phone : (021) 2358-8000
Fax : (021) 2358-8300
E-mail : humas@bca.co.id
