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20260401_PSSI_Laporan Informasi dan Fakta Material_32057059_lamp1.pdf
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DISCLOSURE OF INFORMATION TO SHAREHOLDERS OF PT IMC PELITA LOGISTIK TBK
IN ORDER TO COMPLY WITH OJK REGULATION NO. 29 OF 2023
IN CONNECTION WITH THE COMPANY'S PLAN TO CONDUCT A BUYBACK OF THE COMPANY'S SHARES
(BUYBACK)
THIS DISCLOSURE OF INFORMATION IS SUBMITTED BY PT IMC PELITA LOGISTIK TBK IN COMPLIANCE WITH THE
PROVISIONS OF OJK REGULATION NO. 29 OF 2023 CONCERNING THE REPURCHASE OF SHARES ISSUED BY PUBLIC
COMPANIES.
PT IMC PELITA LOGISTIK TBK
("COMPANY")
Domiciled in Jakarta, Indonesia
BUSINESS ACTIVITY
Shipping
HEAD OFFICE
Menara Astra, 23rd Floor
Jl. Jend. Sudirman Kav 5-6
TEL. (62-21) 30006800, FAX. (62-21) 30006801
Website: www.imcpelitalog.com
Email: corsec@imcpelitalog.com
INFORMATION TO SHAREHOLDERS IN CONNECTION WITH THE COMPANY'S PLAN TO CONDUCT A
BUYBACK OF THE COMPANY'S SHARES (BUYBACK)
The Company plans to carry out a buyback of the Company's shares that have been issued and listed on the Indonesia
stock exchange with reference to OJK regulation no. 29 of 2023 concerning the repurchase of shares issued by public
companies ("POJK 29/2023") with a maximum allocation of funds of IDR 50,000,000,000.00 (fifty billion Rupiah) to
purchase with a maximum of 135,426,579 (one hundred thirty five million four hundred twenty six thousand five
hundred) shares or 2.5% (two point five percent) of the issued and fully paid-up capital in the Company, which will be
carried out in stages starting from May 18, 2026 to May 17, 2027. The implementation of the share repurchase
transaction will be carried out based on the consideration of the Company's Board of Directors through the Indonesia
stock exchange.
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General Meeting of Shareholders of the Company to approve the implementation of share repurchase ("GMS")
will be held on May 8, 2026 in Jakarta
ESTIMATED SCHEDULE, SHARE COST AND
NOMINAL AMOUNT OF BUYBACK SHARES
1 Notification of GMS to the financial services authority March 25, 2026
2 Announcement of information disclosure of share repurchase plan April 1, 2026
through the Indonesia stock exchange website and the Company's
website www.imcpelitalog.com
3 Invitation to Shareholders for Extraordinary General Meeting April 16, 2026
of Shareholders
4 Extraordinary General Meeting of Shareholders May 8, 2026
5 Announcement of the results of the EGMS Approval regarding the May 12, 2026
shares buyback and Announcement of Securities Companies that
will carry out the shares buyback
6 Share buyback period May 18, 2026
The costs of the share buyback are planned to be a maximum of IDR 50,000,000,000,- (fifty billion rupiah), which will
be funded from the Company's internal funds. Such costs shall include share buyback transaction fees, securities broker
commissions, and other expenses related to the implementation of the Share Repurchase.
In accordance with POJK 29/2023, the number of shares to be repurchased will not exceed 20% (twenty percent) of
the Company's paid-up capital.
EXPLANATION OF CONSIDERATIONS AND REASONS FOR SHARE BUYBACKS
The Company’s performance has generated cash flows more than the funds required to support operational
improvements and business expansion. The Company currently maintains a prudent level of leverage and retains the
capacity to increase leverage, if considered necessary.
For this reason, the company intends to show its commitment in order to increase the value of shareholders by using
excess free cash flow through the Company's share repurchase by allocating funds for the repurchase of these shares
in the amount of IDR 50,000,000,000,- (fifty billion rupiah) with the aim that after the above corporate action, the
Company's share price on the Indonesia stock exchange will reflect the company's performance.
The objectives of the Company’s Share Repurchase are as follows:
1. The Share Repurchase may be conducted at any time, subject to market conditions, within a period of 12
(twelve) months from the date of approval by the General Meeting of Shareholders, namely from May 18, 2026
to May 17, 2027. The Company will only implement the Share Repurchase if such action provides benefits to
the Company and its shareholders. The Company will not proceed with the Share Repurchase if it may materially
and adversely affect the Company’s liquidity and capital position.
2. The Share Repurchase is intended to provide flexibility in achieving an efficient capital structure, as well as to
enable the Company to reduce its overall cost of capital, and to improve Earnings per Share ("EPS") and Return
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on Equity ("ROE") on a sustainable basis.
3. The Share Repurchase is also intended to provide the Company with greater flexibility in managing its long-term
capital, to the extent that capital surplus and excess funds exceed operational requirements, while taking into
account the Company’s business development and expansion plans. The implementation of the Share
Repurchase will enable the Company to manage excess free cash flow in an efficient and prudent manner.
ESTIMATION OF THE DECREASE OF THE COMPANY'S REVENUE AS A RESULT OF THE
IMPLEMENTATION OF THE SHARE BUYBACK AND THE IMPACT ON THE COMPANY'S FINANCING COSTS
The company will use internal funds for the company's share repurchase in the amount of 50,000,000,000,- (fifty billion
rupiah) including transaction fees; the debt to equity ratio will increase by 2% from 6.3% to 6.4%; earnings per share
will increase by 2% from IDR 0.000056 per share to IDR 0.000058 per share; and return on equity improved by 2%
from 0.18% to 0.19%.
The Company believes that the implementation of the share repurchase transaction will not have a material negative
impact on the Company's business activities, considering that the Company has good working capital and cash flow to
finance transactions in conjunction with the company's business activities.
A. PROFORMA EARNINGS PER SHARE OF THE COMPANY
B. AFTER THE SHARE BUYBACK PLAN IS IMPLEMENTED
The proforma analysis of total assets, net income, equity, net profit per share, return on asset (ROA) and return of equity
(ROE) after the Buyback assuming the funds used for the implementation of the Buyback of IDR 50,000,000,000 (fifty
billion rupiah) are as follows:
(IN USD)
Remarks Dec 31, 2025
Expressed in US dollars Before buyback Impact After purchase back
Total assets 172,752,326 -2,941,349 169,810,976
Net profit 289,069 289,069
Equity 153,481,999 -2,941,349 150,540,650
Number of Shares outstanding 5,121,189,153 431,300,579 4,985,762,574
(shares)
Net income per share (full value) 0.000056 0.000002 0.000058
Debt to equity ratio 6.3% 2% 6.4%
Return on equity (roe) 0.188% 2% 0.192%
Based on the above proforma, there is no significant change with the share repurchases to the Company's financial
indicators.
C. SHARE PRICE RESTRICTION FOR THE COMPANY'S SHARE BUYBACK
The Company's share Buyback will be carried out at a price considered reasonable by the company by considering the
provisions of POJK 29/2023.
LIMITATION O THE PERIOD OF THE COMPANY'S SHARE BUYBACK PERIOD
The buyback will be carried out within a period of 12 (twelve) months from the date of approval of the GMS.
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D. METHODS TO BE USED FOR SHARE BUYBACKS
The Company's share buyback can be carried out through transactions on the stock exchange or outside the stock
exchange in accordance with the provisions of applicable regulations. In the event that the share buyback is carried out
through the stock exchange, it will be carried out through 1 (one) member of the stock exchange.
The following parties:
a) Commissioners, Directors, Employees and Major Shareholders of the Company;
b) An individual who, by virtue of his position or profession or because of his business relationship with the
Company, allows that person to obtain insider information; or
c) Parties who within the last 6 (six) months are no longer parties as referred to in points a or b;
It is prohibited to conduct transactions to buy and/or sell the company's shares within the period of the company's share
buyback period or on the same day as the sale of the repurchased shares carried out by the company through the stock
exchange.
DISCUSSION AND ANALYSIS OF MANAGEMENT REGARDING THE EFFECT OF SHARE BUYBACKS
ON THE COMPANY'S BUSINESS ACTIVITIES AND FUTURE GROWTH
Impact on the Company's financial statements:
The Company's revenue is not expected to decrease due to the implementation of share buyback. Share repurchase is
expected to maintain stock price stability in the future, where at this time the Company's share price does not reflect the
Company's fundamental condition and prospects, it is hoped that with the share repurchase the Company's shares can
have a positive share price movement.
Impact on operational activities:
The Company believes that the implementation of the Company's share buyback transaction will not have a material
negative impact on the Company's business activities considering that the Company has sufficient working capital and
cash flow to carry out transaction financing in conjunction with the Company's business activities.
The share buyback is expected to stabilize the company's share price in volatile market conditions, in addition to
providing investors with confidence in the Company's fundamental share value. The share buyback also provides
flexibility for the Company in managing the Company's long-term capital where treasury shares can be sold in the future
at an optimal value if the company requires additional capital.
E. SOURCE OF FUNDS USED FOR THE IMPLEMENTATION OF SHARE BUYBACKS
The source of funds for the Share Repurchase will be derived from the optimization of the Company’s cash flow. Such
funding source is in accordance with Article 5 of POJK No. 29/2023, namely:
a. It does not materially affect the Company’s financial ability to meet its due obligations;
b. It utilizes the Company’s internal funds;
c. It does not originate from proceeds of a public offering; and
d. It does not originate from loans and/or debt in any form.
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F. THE COMPANY'S PLAN FOR THE SHARES TO BE REPURCHASED
The Company plans to keep the repurchased shares to be controlled as treasury shares as stipulated in articles 16-17
POJK 29/2023 which stipulates that in the event that there are still repurchased shares controlled by the Company for a
period of 3 (three) years from the completion of the share repurchase, the Company is obliged to transfer the repurchased
shares within a period of 2 (two) years. In this case, the Company may at any time transfer the repurchased shares while
still paying attention to the provisions of the applicable laws and regulations, especially article 21 pojk 29/2023 by:
a. Sold both on the stock exchange and outside the stock exchange.
b. A reduction in capital expenditure.
c. Implementation of the share ownership program by employees and/or the Board of Directors and the
Board of Commissioners.
d. The implementation of the conversion of equity securities; and/or
e. Other means with the approval of the financial services authority.
Shares that have been repurchased by the Company cannot be used to vote in the GMS and are not taken into account
in determining the number of quorums that must be achieved in accordance with the provisions of the applicable laws,
besides that the shares are not entitled to dividend distribution.
TAM
RECOMMENDATIONS
Taking into consideration the foregoing explanation and description, the Board of Directors of the Company hereby states
that the Company’s Share Repurchase plan has been approved at the meeting of the Board of Directors and the Board
of Commissioners. Accordingly, the Board of Directors proposes to the Company’s shareholders to approve the Share
Repurchase plan at the General Meeting of Shareholders to be held on May 8, 2026, or on any other date which
constitutes a postponement or continuation thereof.
GENERAL MEETING OF SHAREHOLDERS
In connection with the Company’s Share Repurchase plan as described in this Information Disclosure, the Company
intends to obtain approval from the Company’s shareholders at the General Meeting of Shareholders to be held on
Friday, May 8, 2026. The General Meeting of Shareholders shall be attended by shareholders representing more than
1/2 (one-half) of the total issued shares of the Company. The resolution regarding the Company’s Share Repurchase
plan must be approved by more than 1/2 (one-half) of the total shares with valid voting rights present at the General
Meeting of Shareholders.
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NFORMATION
G. ADDITIONAL INFORMATION
Shareholders who require further information regarding this Information Disclosure may contact the Company during the
Company’s business days and working hours at:
Menara Astra, 23rd Floor
Jl. Jend. Sudirman Kav 5-6
TEL. (62-21) 30006800, FAX. (62-21) 30006801
Website: www.imcpelitalog.com
Email: corsec@imcpelitalog.com
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This Information Disclosure is hereby submitted for the attention and information of the public.
Jakarta, 1 April 2026
Board of Directors
of the Company
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