Back to announcement
20240514_ADRO_Laporan Informasi dan Fakta Material_31638811_lamp1.pdf
Other Text extracted ADROSource file signed link, expires in 15 minutes
Extracted text 2
Page 1
Number: AEI/77/V-24/MP/corsec Jakarta, May 14, 2024
Encl.: -
To
The Chief Executive of Capital Market, Financial Derivatives, and Carbon Exchange Supervision
Financial Services Authority
Gedung Sumitro Djojohadikusumo
Jl. Lapangan Banteng Timur No. 2-4
Jakarta 10710
For the attention of: Supervisory Director of Issuers and Public Companies 2
President Director
PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia, Tower I
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190
For the attention of: Director of Corporate Valuation, PT Bursa Efek Indonesia
Re: Information disclosure on the termination of the Company’s share buyback based on FSA
Regulation No. 30/POJK.04/2017 of 2017 on the Buyback of the Shares Issued by Public
Companies
Dear Sirs,
For and on behalf of PT Adaro Energy Indonesia Tbk (“the Company”), we herewith submit the Report of the
Termination of the Buyback of the Shares Issued by the Company based on FSA Regulation No. 30/POJK.04/2017
of 2017 on the Buyback of the Shares Issued by Public Companies (“POJK 30/2017”), as follows:
Name of the issuer or public company: PT Adaro Energy Indonesia Tbk
Business sector: Head office activities and management consultation (for the
businesses of the Company’s subsidiaries operating in mining,
excavation, mining support services, large-scale trading,
logistics, warehousing, and logistics support activities, cargo
handling (stevedoring), sea port service activities, plant
agriculture, construction, engine repair and installation,
power provision, water treatment, forestry, and industry)
Telephone: +62 21 2553 3000
Facsimile: +62 21 5794 4709
E-mail address: corsec@adaro.com
1. Date of event May 14th, 2024
2. Type of information The termination of the Company’s share buyback
based on POJK 30/2017.
Page 2
3. Description of information Referring to the decision of the Company’s
shareholders made in the Annual General Meeting
of Shareholders on May 11th, 2023, the Company is
currently in the period of share buyback based on
POJK 30/2017 for a share buyback period of
maximum 18 (eighteen) months from May 12th,
2023 until November 12th, 2024 (“the Share
Buyback”).
Based on the information disclosure made by the
Company on April 8th, 2024, the Company will
request for the shareholders’ approval on the plan
to buyback the shares issued by the Company in
accordance with FSA Regulation No. 29 of 2023 on
the Buyback of Shares Issued by Public Companies
(“POJK 29/2023”) in the Annual General Meeting of
Shareholders to be held on May 15th, 2024
(“AGMS”).
Therefore, the Company has decided to terminate
the execution of the Share Buyback, as of May 14th,
2024 to ensure that the share buyback based on
POJK 29/2023 will not be executed concurrently or
coincidentally with the execution of the Share
Buyback.
The Company’s share buyback based on POJK
29/2023 will be executed gradually within 12
(twelve) months as of the approval of the
Company’s AGMS, that is, from May 16th, 2024.
4. Impacts of the event or information on the There will be no significant impact of the
issuer’s or public company’s operational termination of the Share Buyback period on the
activities, legal status, financial condition, or Company’s operational activities, legality, financial
business continuity condition, or business continuity.
Thank you for your attention.
Sincerely yours,
PT ADARO ENERGY INDONESIA TBK
Mahardika Putranto
Corporate Secretary
Names mentioned 5 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.1
unresolved
org
PT Bursa Efek Indonesia Re
p.1
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.