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20241224_PTRO_Keterbukaan Informasi terkait Aksi Korporasi_31830958_lamp1.pdf
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DISCLOSURE OF INFORMATION
ON THE IMPLEMENTATION OF STOCK SPLIT
This disclosure of information is conducted in relation to comply with Article 24 of Financial
Services Authority Regulation Number 15/POJK.04/2022 regarding Stock Splits and Reverse Stock
Splits by Public Companies.
PT PETROSEA TBK
(“Company” or “PTRO”)
Business Activities:
Construction, Mining and Quarrying, Processing Industry, Trade, Transport and Warehousing,
Information and Communication, Professional, Scientific and Technical Activities, Rental and Leasing
Activities Without Option Rights, Employment and Education
Domiciled in South Tangerang, Indonesia
Indy Bintaro Office Park, Building B
Jl. Boulevard Bintaro Jaya Blok B7/A6, Sektor VII, CBD Bintaro Jaya
South Tangerang 15224, Indonesia
Telp: (62 21) 29770999, Fax: (62 21) 29770988
Email: corporate.secretary@petrosea.com
Web: www.petrosea.com
THIS DISCLOSURE OF INFORMATION IS IMPLEMENTED IN THE FRAMEWORK OF THE COMPANY'S
IMPLEMENTATION OF STOCK SPLIT (“STOCK SPLIT”) WITH REFERENCE TO THE REGULATION OF THE FINANCIAL
SERVICES AUTHORITY (OJK) OF THE REPUBLIC OF INDONESIA NO. 15/POJK.04/2022 REGARDING STOCK SPLITS
AND REVERSE STOCK SPLITS BY PUBLIC COMPANIES (“POJK 15/2022”) AND DECREE OF THE BOARD OF
DIRECTORS OF PT BURSA EFEK INDONESIA (“BEI”) NUMBER: KEP-00044/BEI/04-2024 REGARDING
REGULATION NUMBER I-I REGARDING STOCK SPLITS AND REVERSE STOCK SPLITS BY LISTED COMPANIES
ISSUING EQUITY SECURITIES (“IDX REGULATION I-I”).
THE INFORMATION AS CONTAINED IN THIS DISCLOSURE OF INFORMATION IS IMPORTANT FOR THE
COMPANY'S SHAREHOLDERS TO READ AND NOTE. IF YOU EXPERIENCE DIFFICULTY IN UNDERSTANDING THE
INFORMATION AS CONTAINED IN THIS DISCLOSURE OF INFORMATION, YOU SHOULD CONSULT WITH A LEGAL
ADVISOR, PUBLIC ACCOUNTANT, FINANCIAL ADVISOR OR OTHER PROFESSIONAL.
This Disclosure of Information was published in South Tangerang on 24 December 2024
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I. DEFINITIONS
“AOA” : Articles of Association.
“IDX” : Indonesian Stock Exchange.
“OJK” : Financial Services Authority of the Republic of Indonesia.
“Disclosure of : The information submitted by the Company as stated in this
Information” announcement.
“Company” : PT Petrosea Tbk, a public limited company established based on and
subject to the laws of the Republic of Indonesia.
“Minister of Law : Minister of Law and Human Rights of the Republic of Indonesia.
and Human Rights”
“POJK 15/2020” : OJK Regulation Number 15/POJK.04/2020 regarding Plan and
Implementation of General Meeting of Shareholders of Public Company.
“POJK 15/2022” : OJK Regulation Number 15/POJK.04/2022 regarding Stock Splits and
Reverse Stock Splits by Public Companies.
“Independent : Public Appraisal Services Office Kusnanto and Partners.
Appraisal” or
“KJPP”
“Stock Split” : Stock split plan as described in Part IV and Part V of this Disclosure of
Information.
“EGMS” : Extraordinary General Meeting of the Shareholders of the Company.
“Rp” : Indonesian Rupiah, which is the legal currency of the Republic of
Indonesia.
II. INTRODUCTION
Referring to Article 24 of POJK 15/2022, the Company must announce a disclosure of information prior
to implementing the Stock Split that has obtained approval from the Company's shareholders in the
EGMS held on 16 December 2024 and submit the disclosure of information to OJK. In connection with
this Stock Split, the Company has previously obtained principal approval from the IDX in accordance
with Letter No. S-11477/BEI.PP1/10-2024 dated 30 October 2024 and obtained approval for the
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application for listing additional shares resulting from the stock split in accordance with Letter No. S-
13445/BEI.PP1/12-2024 dated 20 December 2024.
III. EGMS APPROVAL
The Company's EGMS on 16 December 2024 has approved the implementation of the Company's Stock
Split with the following details:
1. Approve the Company's stock split, namely that every 1 share of the Company which currently has
a nominal value of Rp. 50,-, is split into 10 shares with a nominal value of Rp. 5,- per share, so that
the number of shares placed and fully paid in the Company which was originally 1,008,605,000
shares with a nominal value of Rp. 50,- per share will increase to a maximum of 10,086,050,000
shares with a nominal value of Rp. 5,- per share.
2. In connection with the splitting of the Company's nominal share value (stock split) in point 1 of this
decision, approve the changes to the Company's Articles of Association, namely changes to Article
4 of the Company's Articles of Association related to capital as contained in the comparative table
of Changes to the Company's Articles of Association as stated in the explanation of the Meeting
Agenda.
3. To grant power to the Company's Board of Directors to appear before a Notary and/or Officials
from the Authorized Agency, to declare the decisions of this Extraordinary GMS in a Notarial Deed,
including but not limited to making or requesting to be made and signing all deeds in connection
with the decisions of this Extraordinary GMS and signing all other documents required in
connection with the implementation of the stock split without any exceptions and regulating the
procedures and schedule for the implementation of the stock split after obtaining approval from
the authorized agency.
The approval of the EGMS has been stated in the Summary of Minutes of the Company's EGMS which
was announced on 17 December 2024 via the IDX, KSEI and Company websites.
The amendment to Article 4 of the Company's Articles of Association has been contained in Deed No.
2 dated 16 December 2024 drawn up before Shanti Indah Lestari, S.H., M.Kn., Notary in South
Tangerang City. Notification of the amendment to the Company's Articles of Association has been
received by the Minister of Law and Human Rights of the Republic of Indonesia as per the letter of the
Ministry of Law and Human Rights of the Republic of Indonesia No. AHU-AH.01.03-0222825 dated 16
December 2024.
IV. STOCK SPLIT RATIO, STOCK NOMINAL VALUE AND INFORMATION ON THE NUMBER OF THE
COMPANY'S SHARES BEFORE AND AFTER THE STOCK SPLIT
Based on the approval of the EGMS as explained above, the Stock Split with a ratio of 1:10, the nominal
value and number of shares before and after the Stock Split are as follows:
Type of shares Ordinary shares in the name of
Stock Split ratio 1:10
Amount of shares prior to Stock Split 1.008.605.000 shares
Amount of shares after Stock Split 10.086.050.000 shares
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Nominal shares value prior Stock Split Rp. 50,00 per share
Nominal shares value after Stock Split Rp. 5,00 per share
V. APPROVAL FOR THE LISTING OF ADDITIONAL SHARES
By taking into account Article 7 paragraph 1 and 2 of POJK 15/2022 and provisions IV.9 of IDX
Regulation I-I, IDX has approved the Company for the application for listing of additional shares
resulting from the stock split as stated in Letter No. S-13445/BEI.PP1/12-2024 dated 20 December
2024.
VI. SCHEDULE AND PROCEDURES OF STOCK SPLIT IMPLEMENTATION
Below we present the schedule and procedures for implementing the Stock Split.
Stock Split Implementation Schedule:
No. Activities Day & Date
1. Implementation and Approval of EGMS Monday, 16 December 2024
Application for Additional Share Registration to IDX for
2. Tuesday, 17 December 2024
Shares Resulting from a Stock Split
Disclosure of Information Regarding the Implementation of
3. Tuesday, 24 December 2024
the Stock Split
End Date of Trading of Shares with Old Nominal Value in
4. Thursday, 2 January 2025
Regular Market and Negotiation Market
Initial Date of Trading of Shares with New Nominal Value in
5. Friday, 3 January 2025
the Regular Market and Negotiation Market
Friday-Monday,
6. Trading Suspension Period in Cash Market for 2 Trading Days
3 – 6 January 2025
- Last date of Settlement of Stock Trading with Old Nominal
Monday, 6 January 2025
7 Value
- Recording Date of Shares Entitled to Stock Split (Rec Date)
Start of Trading of Shares with New Nominal Value in Cash
8 Tuesday, 7 January 2025
Market
Procedures for Implementing Stock Splits:
1. For shareholders of the Company whose shares are in the collective custody of the Indonesian
Central Securities Depository (KSEI), the implementation of the Stock Split will be carried out based
on the balance of the Company's shares in the securities sub-account of each shareholder on 3
January 2025. Furthermore, on 6 January 2025, shares with a new nominal value resulting from
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the implementation of the Stock Split will be distributed through the securities sub-account of each
shareholder.
2. For shareholders whose shares are not included in the KSEI collective custody or whose shares are
still in the form of documents, a Stock Split application can be made starting 6 January 2025 by
submitting the original Collective Share Certificate in the name of the shareholder and a photocopy
of the shareholder's identity to the Company's Securities Administration Bureau, namely:
PT Datindo Entrycom
Jl. Hayam Wuruk No. 28, Lt 2
Jakarta 10220
Telp: (62-21) 350 8077, Fax: (62-21) 350 8078
Email: corporatesecretary@datindo.com
VII. ADDITIONAL INFORMATION
For the shareholders of the Company who require further information, please contact:
PT PETROSEA TBK
Indy Bintaro Office Park, Building B
Jl. Boulevard Bintaro Jaya Blok B7/A6, Sektor VII, CBD Bintaro Jaya
South Tangerang 15224, Indonesia
Telp: (62 21) 29770999, Fax: (62 21) 29770988
Email: corporate.secretary@petrosea.com
Web: www.petrosea.com
u.p.: Corporate Secretary
24 December 2024
Board of Directors of the Company
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Financial Services Authority
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PT Datindo Entrycom
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