20240730_UNSP_Laporan Informasi dan Fakta Material_31688985_lamp2.pdf

                                  Information Disclosure
                                             on
                                Transfer of Buyback Shares
                    PT Bakrie Sumatera Plantations Tbk (“The Company”)


On 5 December 2019, The Company has conducted buyback of 6 of the Company's shares arising
from the remaining proceeds from the implementation of the reverse stock split ("Buyback
Shares") in accordance with Financial Services Authority ("OJK") Regulation No.
30/POJK.04/2017 concerning Buybacks Issued by Public Companies ("POJK No. 30/2017").

In accordance with the provisions of Article 23 POJK No. 30/2017, the Company is obliged to do
information disclosure to the public and submit proof of the announcement and supporting
documents to the OJK no later than 14 (fourteen) days before the sale of buyback shares is carried
out. Therefore it is hereby conveyed that the Company intends to sell the Buyback Shares which
will be carried out outside the stock exchange through a negotiation market based on the
provisions of Article 17 paragraph a POJK No. 30/2017 with the following details:

 1.   Number of shares to be transferred   : The number of shares to be transferred is 6
                                             shares.
 2.   Identity of the Party who will : PT Bakrie Capital Indonesia (“BCI”)
      purchase the shares
 3.   Execution period                     : The period for the sale of Buyback Shares will
                                             be on 14 August 2024.
 4.   Business activities of the party who : Holding Company, Real Estate, Manajement
      will purchase the shares               Consultation and Business Consultation and
                                             Business Brokerage.
 5.   Affiliated relationship              : The Company and BCI are affiliates due to
                                             having the same Director.


The implementation price for the sale of Repurchased Shares will refer to Article 30 POJK No.
30/2017, where the transfer price of the Buyback Shares cannot be lower than the higher of:

a. Daily trading closing price on the Stock Exchange 1 (one) day before the sale date of the
   Buyback Shares;
b. The average price of the closing prices of daily trading on the Stock Exchange during the last
   90 (ninety) days before the date of sale of the Buyback Shares by the Company.



                                    Jakarta, 30 July 2024
                           PT BAKRIE SUMATERA PLANTATIONS TBK
                                   The Board of Directors