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20240506_INDS_Keterbukaan Informasi terkait Aksi Korporasi_31634718_lamp3.pdf
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DISCLOSURE OF INFORMATION REGARDING STOCK SPLIT PLAN
PT INDOSPRING TBK.
(“INFORMATION DISCLOSURE”)
In Fulfillment of Financial Services Authority Regulation No. 15/POJK.04/2022 regarding
Stock Split and Reverse Stock Split by Public Companies
THE INFORMATION CONTAINED IN THIS DISCLOSURE IS IMPORTANT
AND SHOULD BE READ AND NOTED BY SHAREHOLDERS OF PT INDOSPRING TBK.
Primary Business Activities:
Engaged in the industry of spare parts for two-wheeled and four-wheeled or more vehicles
Headquartered in Gresik, Indonesia
Kantor Pusat:
Jl. Mayjend. Sungkono No. 10 Gresik,
Jawa Timur 61123, Indonesia
Telephone: +62 31 398 1135
Website: www.indospring.co.id
Email: corsec@indospring.co.id
THE BOARD OF DIRECTORS AND BOARD OF COMMISIONERS OF THE COMPANY, BOTH
INDIVIDUALLY AND JOINTLY, DECLARE FULL RESPONSIBILITY FOR THE ACCURACY AND
COMPLETENESS OF THE INFORMATION DISCLOSED IN THIS DISCLOSURE, AND AFTER CAREFUL
EXAMINATION, AFFIRM THAT THE INFORMATION DISCLOSED IN THIS DISCLOSURE IS TRUE AND
THERE ARE NO MATERIAL FACTS THAT ARE NOT DISCLOSED OR OMITTED, THUS RENDERING THE
INFORMATION DISCLOSED IN THIS DISCLOSURE AS UNTRUE AND/OR MISLEADING.
This information disclosure is issued in Gresik
on May 6, 2024
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INTRODUCTION
Hereby, on behalf of the Board of Directors of PT. Indospring Tbk, headquartered in Gresik (“the
Company”), we disclose Information Disclosure regarding the Company’s corporate action plan,
namely the Stock Split, with details as will be explained below.
INFORMATION REGARDING THE STOCK SPLIT PLAN
A. STOCK SPLIT INFORMATION
Stock Split Information Details Details
Type of Shares Common Shares
Stock Split Ratio 1 : 10
Number of Shares Before Stock Split 656.249.710 shares
Number of Shares After Stock Split 6.562.497.100 shares
Nominal Value of Shares Before Stock Split Rp. 1000,- per share
Nominal Value of Shares After Stock Split Rp. 100,- per share
B. REASONS AND OBJECTIVES OF THE STOCK SPLIT
The reason and objective of the Company for implementing this Stock Split are to increase the
liquidity of the Company’s shares trading on the Indonesia Stock Exchange (“IDX”).
C. APPROVAL OF THE GENERAL MEETING OF SHAREHOLDERS
This Stock Split plan will be implemented in accordance with applicable regulations and the
Company’s Articles of Association, by first obtaining approval from the Company’s General
Meeting of Shareholders (“GMS”). Therefore, the Company plans to seek approval from GMS at
the Annual GMS scheduled to be held on June 12, 2024.
D. ESTIMATED TIMELINE OF THE GENERAL MEETING OF SHAREHOLDERS (GMS) AND STOCK SPLIT
The planned implementation schedule for this Stock Split is as follows:
No. Activity Date
1. Submission of Stock Split Principle Approval Application to IDX 28 March 2024
2. Announcement of GMS Agenda 26 April 2024
3. Receipt of Stock Split Principle Approval from IDX 16 April 2024
4. Announcement of GMS 6 May 2024
5. GMS Call 21 May 2024
6. General Meeting of Shareholders 12 June 2024
7. Submission of Stock Listing Application 21 June 2024
8. Announcement of Stock Split Implementation Schedule 28 June 2024
9. End of Trading of Shares with Old Nominal Value on Regular 3 July 2024
Market and Negotiated Market
10. Commencement of Trading of Shares with New Nominal Value on 4 July 2024
Regular Market and Negotiated Market
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E. IDX PRINCIPLE APPROVAL
The Company has submitted the Stock Split implementation plan to the IDX with letter No. 065/ISP-
CorSec/III/2024 dated March 28, 2024, and the Stock Split plan has obtained approval from the IDX
according to letter No.: S-03465/BEI.PP3/04-2024 dated April 16, 2024.
CORPORATE ACTION PLAN AFFECTING THE NUMBER OF SHARES AND/OR
THE COMPANY’S CAPITAL TO BE UNDERTAKEN WITHIN 6 MONTHS
AFTER THE DATE OF THE STOCK SPLIT IMPLEMENTATION
The Company does not have plans to undertake any corporate actions affecting the number of
shares and/or the Company’s capital within 6 months after the date of the Stock Split
implementation.
DIRECTOR’S STATEMENT OF RESPONSIBILITY FOR THE ACCURACY OF INFORMATION
IN THE DISCLOSURE OF THE STOCK SPLIT PLAN
The Company’s Board of Directors is responsible for the accuracy of all information contained in
this Disclosure and, after conducting reasonable examinations, hereby declares that to the best of
the Board’s knowledge and belief, there is no other material information that has not been
disclosed that could cause the information provided to be untrue and/or misleading.
ADDITIONAL INFORMATION
For shareholders of the Company who require further information regarding this Stock Split plan,
please contact:
PT Indospring Tbk.
Corporate Secretary
Jl. Mayjend. Sungkono No. 10 Gresik,
Jawa Timur 61123, Indonesia
Telephone: +62 31 398 1135
Website: www.indospring.co.id
Email: corsec@indospring.co.id
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