Mercantile Bank PLC. announcements
766 Dhaka Stock Exchange announcements for Mercantile Bank PLC. (MERCANBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (56).
- Sponsors Buy/Sell/Transfer
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 15,20,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit after tax of Tk. 744.90 million with consolidated EPS of Tk. 1.01 as against Tk. 536.13 million and Tk. 0.73 respectively for the same period of the previous year. Whereas consolidated net profit after tax was Tk. 943.23 million with consolidated EPS of Tk. 1.28 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 791.95 million and Tk. 1.07 respectively for the same period of the previous year.
- Sponsors intention to share sell
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 15,20,000 shares out of his total holding of 2,83,41,233 shares of the Company at prevailing market price through Stock Exchange within October 31, 2014.
- Sponsors sale
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 11,80,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsor/Director Share Sale
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 11,80,000 shares out of his total holding of 2,95,21,233 shares of the Company at prevailing market price through Stock Exchange within October 31, 2014.
- Sponsor/Director Share Sale
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 8,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsors Buy/Sell/Transfer
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 8,00,000 shares out of his total holding of 3,03,21,233 shares of the Company at prevailing market price through Stock Exchange within October 31, 2014.
- Sponsor/Director Share Sale
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- sponsor share buy/sell
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 5,00,000 shares out of his total holding of 3,08,21,233 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Sponsor Share Buy or Sell
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has further reported that he has completed his buy of 6,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsors intention to share Buy
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has expressed his intention to buy 6,50,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported consolidated net profit after tax of Tk. 430.39 million with consolidated basic EPS of Tk. 0.65 as against Tk. 227.88 million and Tk. 0.35 respectively for the same period of the previous year. However, considering bonus share @ 12% for the year 2013, consolidated restated basic EPS is Tk. 0.58 as on 30.06.2014 (Jan'14 to June'14) and Tk. 0.31 as on 30.06.2013 (Jan'13 to June'13). Whereas consolidated net profit after tax was Tk. 213.17 million with consolidated basic EPS of Tk. 0.32 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 210.58 million and Tk. 0.32 respectively for the same period of the previous year. However, considering bonus share @ 12% for the year 2013, consolidated restated basic EPS is Tk. 0.29 as on 30.06.2014 (Apr'14 to June'14) and Tk. 0.28 as on 30.06.2013 (Apr'13 to June'13).
- Sponsor/Director Share Transfer
M. Amanullah, one of the Sponsors/Directors of the Company, has further reported that he has completed his receipt of 6,40,000 shares of the Company from his son Tahsin Aman by way of gift outside the trading system of the Exchange as announced earlier
- Sponsor/Director Share Buy
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 13,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsor/Director Share Transfer
M. Amanullah, one of the Sponsors/Directors of the Company, has expressed his intention to receive 6,40,000 shares of the Company from his son Tahsin Aman by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Sponsor/Director Share Buy
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to buy 13,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Sponsor/Director Share Sale
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 29,06,420 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsor/Director Share Transfer
Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his receipt of 55,00,000 shares of the Company from his son Md. Abdul Awal by way of gift outside the trading system of the Exchange as announced earlier.
- Sponsor/Director Share Sale
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 29,06,420 shares out of his total holding of 1,64,26,592 shares of the Company at prevailing market price (In the Public/Block/odd lot Market) through Stock Exchange within next 30 working days.
- Sponsor/Director Share Transfer
Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to receive 55,00,000 shares of the Company from his son Md. Abdul Awal by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Sponsor/Director Share Buy
A.K.M. Shaheed Reza, one of the Sponsors of the Company, has expressed his intention to buy 3,70,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- 15th AGM
The Company has further informed that the 15th AGM of the Company will be held on June 12, 2014 at 11:00 AM at Ball Room, Pan Pacific Sonargaon Dhaka, 107 Kazi Nazrul Islam Avenue, Dhaka-1215.
- Sponsor/Director Share Sale
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 2,60,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsor/Director Share Transfer
Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 11,85,000 shares of the Company to his son Md. Abdul Awal by way of gift outside the trading system of the Exchange as announced earlier.
- Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 11,85,000 shares out
Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 11,85,000 shares out of his total holding of 1,45,94,330 shares of the Company to his son Md. Abdul Awal by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his trans
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 95,00,000 shares of the Company to his son Sahariar Arefin Alam by way of gift outside the trading system of the Exchange as announced earlier.
- A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,60,000 shares out
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,60,000 shares out of his total holding of 2,77,23,244 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Morzina Khan Monju, one of the Sponsors of the Company, has further reported that she has completed her transfer of 15,0
Morzina Khan Monju, one of the Sponsors of the Company, has further reported that she has completed her transfer of 15,00,000 shares of the Company to her husband M.A. Khan Belal by way of gift outside the trading system of the Exchange as announced earlier.
- Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 95,00,000 sh
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 95,00,000 shares out of his total holding of 2,30,20,172 shares of the Company to his son Sahariar Arefin Alam by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Morzina Khan Monju, one of the Sponsors of the Company, has expressed her intention to transfer 15,00,000 shares out of
Morzina Khan Monju, one of the Sponsors of the Company, has expressed her intention to transfer 15,00,000 shares out of her total holding of 16,29,082 shares of the Company to her husband M.A. Khan Belal by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 2,60,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax of Tk. 217.22 million with consolidated basic EPS of Tk. 0.33 as against Tk. 17.30 million and Tk. 0.03 respectively for the same period of the previous year. However, considering proposed bonus share @ 12% for the year 2013, consolidated restated basic EPS will be Tk. 0.29 as on 31.03.2014 and Tk. 0.02 as on 31.03.2013.
- Morshed Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 2
Morshed Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 22,03,932 shares of the Company to his son Saiful Alam by way of gift outside the trading system of the Exchange as announced earlier.
- Bilkis Begum, one of the Sponsors of the Company, has further reported that she has completed her transfer of 22,50,000
Bilkis Begum, one of the Sponsors of the Company, has further reported that she has completed her transfer of 22,50,000 shares of the Company to her sons namely Mahboob Morshed (7,50,000 shares), Mokhdum Morshed (7,50,000 shares) and Monzoor Morshed (7,50,000 shares) by way of gift outside the trading system of the Exchange as announced earlier.
- Morshed Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 22,03,932 shares out
Morshed Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 22,03,932 shares out of his total holding of 1,84,03,932 shares of the Company to his son Saiful Alam by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 40
Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 40,00,000 shares of the Company to his son Md. Abdul Awal by way of gift outside the trading system of the Exchange as announced earlier
- credit rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 40,00,000 shares out
Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 40,00,000 shares out of his total holding of 1,85,94,330 shares of the Company to his son Md. Abdul Awal by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Bilkis Begum, one of the Sponsors of the Company, has expressed her intention to transfer total 22,50,000 shares out of
Bilkis Begum, one of the Sponsors of the Company, has expressed her intention to transfer total 22,50,000 shares out of her total holding of 31,59,875 shares of the Company to her sons namely Mahboob Morshed (7,50,000 shares), Mokhdum Morshed (7,50,000 shares) and Monzoor Morshed (7,50,000 shares) by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- M.Amanullah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 70
M.Amanullah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 70,00,000 shares of the Company to his son Tahsin Aman by way of gift outside the trading system of the Exchange as announced earlier.
- Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his trans
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 12,00,000 shares of the Company to his son Sahariar Arefin Alam by way of gift outside the trading system of the Exchange as announced earlier.
- M.Amanullah, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 70,00,000 shares out
M.Amanullah, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 70,00,000 shares out of his total holding of 2,55,00,000 shares of the Company to his son Tahsin Aman by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 10,00,0
Mohd. Selim, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 12,00,000 sh
Md. Shahabuddin Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 12,00,000 shares out of his total holding of 2,42,20,172 shares of the Company to his son Sahariar Arefin Alam by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to buy 10,00,000 shares of the Co
Mohd. Selim, one of the Sponsors/Directors of the Company, has expressed his intention to buy 10,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,60,000 shares out
A.S.M. Feroz Alam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,60,000 shares out of his total holding of 2,79,83,244 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- M.Amanullah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 76
M.Amanullah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 76,00,000 shares of the Company to his son Tahsin Aman by way of gift outside the trading system of the Exchange as announced earlier.
- Normal trading of the shares of the Company will resume on 10.04.2014 after record date.
Normal trading of the shares of the Company will resume on 10.04.2014 after record date.
- M.Amanullah, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 76,00,000 shares out
M.Amanullah, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 76,00,000 shares out of his total holding of 3,31,00,000 shares of the Company to his son Tahsin Aman by way of gift outside the trading system of the Exchange within next 30 working days starting from April 08, 2014.
- Trading of the shares of the Company will remain suspended on record date i.e., 09.04.2014.
Trading of the shares of the Company will remain suspended on record date i.e., 09.04.2014.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 06.04.2014 to 08.04.2014. Trading of the shares of the Company will remain suspended on record date i.e., 09.04.2014.
- The Board of Directors has recommended 8% cash dividend and 12% stock dividend for the year ended on December 31, 2013.
The Board of Directors has recommended 8% cash dividend and 12% stock dividend for the year ended on December 31, 2013. Date of AGM: 12.06.2014, Time: 11:00 AM, Venue: to be notified later on. Record date: 09.04.2014. The Company has also reported consolidated EPS of Tk. 3.00, consolidated NAV per share of Tk. 19.14 and consolidated NOCFPS of Tk. (0.58) for the year ended on December 31, 2013.
- There will be no price limit on the trading of the shares of the Company today (31.03.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (31.03.2014) following its corporate declaration.
- BSEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 and
BSEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 and Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising of capital of Mercantile Bank Limited amounting to Tk. 300.00 crore by issuing Non-Convertible Floating Coupon Bearing Subordinated Bond through private placement. The consent has been accorded subject to the condition that the company shall comply with the relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on March 30, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.