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 2016 (37).
- Transmission of deceased Sponsor's/Director's shares to his successor
The Company has informed that Md. Tabibul Huq, Ex Sponsor/Director of the Company passed away on 23.06.2014. He had total 53,42,010 pledged shares out of which 10,00,000 shares have been unpledged. Now these 10,00,000 shares will be transmitted to his successor Tanzina Huq (daughter of late Md. Tabibul Huq) according to the Succession Certificate issued by the Honorable Court.
- Confirmation of sale by a Sponsor
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,40,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
Consolidated EPS was Tk. 0.43 for July-September, 2016 as against Tk. 0.14 for July-September, 2015; Consolidated EPS was Tk. 1.76 for January-September, 2016 as against Tk. 0.64 for January-September, 2015. Consolidated NOCFPS was Tk. 6.39 for January-September, 2016 as against Tk. 6.94 for January-September, 2015. Consolidated NAV per share was Tk. 21.60 as of September 30, 2016 and Tk. 19.24 as of September 30, 2015.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 26, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Declaration of sale by a Sponsor
Mr. Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 1,40,000 shares out of his total holding of 70,00,000 shares of the Company at prevailing market price through Stock Exchange within October 31, 2016.
- Buy Confirmation of a Sponsor
Mr. Md. Mizanur Rahman Chowdhury, one of the Sponsors 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.
- Buy Declaration of a Sponsor
Mr. Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has expressed his intention to buy 10,00,000 shares of the Company at prevailing market price through Stock Exchange within October 31, 2016.
- Buy Confirmation of a Sponsor
Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has further reported that he has completed his buy of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration by a Sponsor
Mr. Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has expressed his intention to buy 5,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Confirmation of a Sponsor
Ms. Nargis Anwar, one of the Sponsors of the Company, has further reported that she has completed her buy of 6,00,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Buy Confirmation
Mr. Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has further reported that he has completed his buy of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration
Ms. Nargis Anwar, one of the Sponsors of the Company, has expressed her intention to buy 6,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.73 for April-June, 2016 as against Tk. 0.46 for April-June, 2015; Consolidated EPS was Tk. 1.33 for January-June, 2016 as against Tk. 0.50 for January-June, 2015. Consolidated NOCFPS was Tk. 3.27 for January-June, 2016 as against Tk. 6.59 for January-June, 2015. Consolidated NAV per share was Tk. 21.01 as of June 30, 2016 and Tk. 17.91 as of June 30, 2015.
- Reschedule of Board Meeting
The Company has further informed that as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the meeting of the Board of Directors of the Company will now be held on July 30, 2016 at 2:00 PM instead of July 28, 2016 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.
- Buy Declaration of a Sponsor
Mr. Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has expressed his intention to buy 5,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Confirmation
Ms. Nargis Anwar, one of the Sponsors of the Company, has further reported that she has completed her buy of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 28, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.
- Buy Declaration of a Sponsor
Ms. Nargis Anwar, one of the Sponsors of the Company, has expressed her intention to buy 5,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Confirmation
Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has further reported that he has completed his buy of 7,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Confirmation of a Sponsor/Director
Md. Anwarul Haque, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 7,00,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of sale by a Sponsor
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has further reported that he has completed his sale of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor
Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has expressed his intention to buy 7,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Declaration of Sponsors/Director
Md. Anwarul Haque, one of the Sponsors/Directors of the Company, has expressed his intention to buy 7,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Declaration of a Sponsor
Md. Nasiruddin Choudhury, one of the Sponsors of the Company, has expressed his intention to buy 5,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- 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 along with a stable outlook based on audited financials of the Company up to December 31, 2015 and also other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Declaration of sale by a Sponsor
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 10,00,000 shares out of his total holding of 70,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q1
Consolidated EPS was Tk. 0.59 for January-March, 2016 as against Tk. 0.04 for January-March, 2015. Consolidated NOCFPS was Tk. 3.71 for January-March, 2016 as against Tk. 3.13 for January-March, 2015. Consolidated NAV per share was Tk. 21.84 as of March 31, 2016 and Tk. 18.41 as of March 31, 2015.
- Confirmation of sale by a Sponsor
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has further reported that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 05, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- Declaration of sale by a Sponsor
Md. Mizanur Rahman Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 72,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption after Record date
Trading of the shares of the Company will resume on 27.04.2016 after record date.
- Suspension
Trading of the shares of the Company will remain suspended on record date i.e., 26.04.2016.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 24.04.2016 to 25.04.2016. Trading of the shares of the Company will remain suspended on record date i.e., 26.04.2016.
- Dividend Declaration
The Board of Directors has recommended 12% cash dividend for the year ended on December 31, 2015. Date of AGM: 12.05.2016, Time: 11:00 AM, Venue: FARS Hotel & Resorts, 212, Shahid Syed Nazrul Islam Sharani (Bijoynagar), Dhaka-1000. Record Date: 26.04.2016. The Company has also reported Consolidated EPS of Tk. 1.90, Consolidated NAV per share of Tk. 21.06 and Consolidated NOCFPS of Tk. 10.37 for the year ended on December 31, 2015 as against Tk. 1.59, Tk. 18.35 and Tk. 1.58 respectively for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (05.04.2016) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 4, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Appointment of MD & CEO
The Company has informed that Mr. Kazi Masihur Rahman has assumed the office as the Managing Director and CEO of the Company with effect from January 07, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.