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20231121_AMOR_Laporan Informasi dan Fakta Material_31531026_lamp1.pdf
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Ashmore
INFORMATION DISCLOSURE
SHARE BUYBACK PLAN
PT ASHMORE ASSET MANAGEMENT INDONESIA TBK
("The Company") -
Business Activity:
Investment Manager
Domiciled in Jakarta, Indonesia
Head Office
Pacific Century Place 18th Floor SCBD Lot 10
Jalan Jendral Sudirman Kav 52-53
Jakarta 12190 Indonesia
Tel: (021) 2953 9000, Fax : (021) 2953 9001
website: www.ashmoregroup.com/en-id email: cosec.indonesia@ashmoregroup.com
This Information Disclosure is published in Jakarta on 20 November 2023
A. Introduction
In accordance with the decision of the Company Annual General Meeting Shareholder
(“AGMS”) held on November 16 2023, the Company will buy back the shares that have been
issued by the Company and listed on the Indonesian Stock Exchange ("IDX"). -
The buyback of the Company's shares will be carried out with reference to the provisions
stipulated in Law no. 40 of 2007 concerning Limited Liability Companies, Financial Services
Authority Regulation Number 30/POJK.04/2017 concerning the Buyback of Shares Issued by
Public Companies (“POJK 30/2017”). -
B. Explanation ofthe Buyback of the Company's Shares
The Company's main consideration to buy back the shares is to implement share ownership
program by management and employees executed by the Company, aiming to provide incentives
and rewards to employees with important roles and great performance, as well as to increase the
motivation of the Company's employees.
The Company will transfer the shares from the implementation of the buyback to the management
and employees of the Company through the implementation of a share ownership program for
management and employees as referred to in Article 17 (c) of POJK 30/2017. t
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C. Names of shareholders whose shares can be repurchased by the Company Public shareholders that are eligible for the share repurchase are all shareholders except affiliated parties of the Company, such as directors, employees, or other affiliated parties. D. Share Prices and Price Determination Procedures The Company will repurchase its shares from entitled public shareholders at the price as regulated in POJK 30/POJK.04/2017 article 10. The share price for the share buyback is a maximum of IDR 1,000 per share. E. Share Buyback Implementation Schedule 1. | Submission of Information Disclosure regarding the Plan to Buy 10 October 2023 Back Shares to the Financial Services Authority 2. | Announcement of Information Disclosure on the Plan to Buy Back 10 October 2023 Shares 3. | Addendum on Announcement of Information Disclosure on the 1 November 2023 Plan to Buy BackShares 4. | Company AGMS 16 November 2023 5. | Share Buyback Period (carried out both simultaneously and in 17 November 2023 - stages) 16 May 2025 The share buyback will be conducted after the Company submits the information disclosure to the Financial Services Authority and the Stock Exchange. The share buyback period will begin on 17 November 2023 until 16 May 2025, however, the share buyback period may end prior to the time limit in the event that the share buyback has been completed. The time limit period is subject to the time limit as specified in Article 8 of POJK 30/2017 which stipulates that implementation of share buyback must be completed within amaximum period of 18 (eighteen) months after the AGMS. F. Share Buyback Method The share buyback will be conducted through IDX with the purchase transaction executed through one of the IDX member. K. Additional Information In the event that the shareholders of the Company reguire further information, please contact the Company during business hours at: Company Secretary PT Ashmore Asset Management Indonesia Tbk Pacific Century Place 18th Floor SCBD Lot 10 Jalan Jendral Sudirman Kav 52-53 Jakarta 12190 Indonesia Tel: (021) 2953 9000, Fax : (021) 2953 9001 email: cosec.indonesia@ashmoregroup.com
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