ANNOUNCEMENT FOR PLAN FOR IMPLEMENTATION OF 2018 CAPITAL INCREASE PT SARIMELATI KENCANA Tbk (the “Company”)
The Company hereby announces the Plan for Implementation of Capital Increase under the Management and Employee Stock Ownership Plan, which had been ratified under the General Meeting of Shareholders dated 9th of March 2018. For the purpose of Capital Increase Without Pre-emptive Rights, the Company intends to issue shares for the Phase III in the cumulative amount 12,087,500 (twelve million eighty seven thousand five hundred) shares, with nominal value of Rp.100 (one hundred Rupiah) per new shares. The schedule for implementation of Capital Increase Without Pre-emptive Rights shall be, as follows:
Capital Increase Without Pre-emptive Rights : 23th May 2023
Announcement of Implementation Result : 11th July 2023
Capital Increase Without Pre-emptive Rights shall be implemented at the exercise price in the amount of Rp.1,112 (one thousand one hundred twelve Rupiah).
Jakarta, 15th May 2023
Board of Directors