Prime Bank PLC. announcements
530 Dhaka Stock Exchange announcements for Prime Bank PLC. (PRIMEBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (31).
- Sale Confirmation of a Sponsor
Mr. Mohammad Aminul Haque, one of the Sponsors of the Company, has further reported that he has completed his sale of 28,43,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 24.10.2018.
- Sale confirmation of a Sponsor
Mr. M. A. Khaleque, one of the Sponsors of the Company, has further reported that he has completed his sale of 21,76,382 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 28.10.2018.
- Sale Declaration of a Sponsor
Mr. M. A. Khaleque, one of the Sponsors of the Company, has expressed his intention to sell 21,76,382 shares out of his total holding of 2,40,31,502 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2018.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.45 for July-September 2018 as against Tk. 0.52 for July-September 2017; Consolidated EPS was Tk. 1.15 for January-September 2018 as against Tk. 1.30 for January-September 2017. Consolidated NOCFPS was Tk. 4.75 for January-September 2018 as against Tk. 15.52 for January-September 2017. Consolidated NAV per share was Tk. 22.37 as on September 30, 2018 and Tk. 22.13 as on September 30, 2017.
- Sale Declaration of a Sponsor
Mr. Mohammad Aminul Haque, one of the Sponsors of the Company, has expressed his intention to sell 28,43,000 shares out of his total holding of 1,38,74,207 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2018.
- 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 28, 2018 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, 2018.
- Sale Confirmation of a Sponsor
Mr. Khandker Mohammad Khaled, one of the Sponsors of the Company, has further reported that he has completed his sale of 30,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 16.09.2018.
- Buy confirmation of a Sponsor Director
Mrs. Marina Yasmin Chowdhury, one of the Sponsors Directors of the Company, has further reported that she has completed her buying of 6,40,501 shares of the Company at prevailing market price through Stock Exchanges as per declaration disseminated on 09.08.2018.
- Sale Confirmation of a Sponsor
Mr. Khandker Mohammad Khaled, one of the Sponsors of the Company, has further reported that he has completed his sale of 25,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 13.09.2018.
- Sale Declaration of a Sponsor
Mr. Khandker Mohammad Khaled, one of the Sponsors of the Company, has expressed his intention to sell 55,69,000 shares out of his total holding of 2,35,07,415 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within October 31, 2018.
- Sale Declaration of a Sponsor
Mr. Khandaker Mohammad Khaled, one of the Sponsors of the Company, has expressed his intention to sell 30,00,000 shares out of his total holding of 2,65,07,415 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.
- Sale Declaration of a Sponsor
Mr. Khandker Mohammad Khaled, one of the Sponsors of the Company, has expressed his intention to sell 25,00,000 shares out of his total holding of 2,90,07,415 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.
- Sale Confirmation of a Sponsor
Mrs. Khushe Akhter, one of the Sponsors of the Company, has further reported that she has completed her sale of 40,056 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor Director
Mrs. Marina Yasmin Chowdhury, one of the Sponsors Directors of the Company, has expressed her intention to buy 6,40,501 shares of the Company at prevailing market price (In the Public Market) through Stock Exchanges (DSE & CSE) within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.40 or April-June 2018 as against Tk. 0.07 or April-June, 2017; Consolidated EPS was Tk. 0.70 for January-June 2018 as against Tk. 0.78 for January-June 2017. Consolidated NOCFPS was Tk. 5.49 for January-June 2018 as against Tk. 4.19 for January-June 2017. Consolidated NAV per share was Tk. 21.93 as on June 30, 2018 and Tk. 21.60 as on June 30, 2017.
- 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 26, 2018 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, 2018.
- Sale Declaration of a Sponsor
Mrs. Khushe Akhter, one of the Sponsors of the Company, has expressed her intention to sell 40,056 shares out of her total holding of 4,40,617 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Credit Rating Result
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 in consideration of its audited financials up to December 31, 2017, unaudited financials up to March 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration. Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Cash Dividend Disbursement
The Company has further informed that the Cash Dividend for the year ended on December 31, 2017 has been credited to the respective shareholders' Bank accounts through BEFTN. Shareholders, whose accounts could not be credited due to inadequate/incorrect information or bounced back for any reason, shall alternatively be paid through issuance of Dividend Warrants and send by Courier Services at the recorded addresses.
- Stock Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO Accounts on May 31, 2018.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.34 for January-March 2018 as against Tk. 0.78 for January-March 2017. Consolidated NOCFPS was Tk. 5.20 for January-March 2018 as against Tk. (0.31) for January-March 2017. Consolidated NAV per share was Tk. 24.44 as on March 31, 2018 and Tk. 25.35 as on March 31, 2017.
- 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 13, 2018 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, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 07.05.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 06.05.2018.
- Spot News
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 30.04.2018 to 03.05.2018. Trading of the shares of the Company will remain suspended on record date i.e., 06.05.2018.
- Updating information
The Company has requested concerned Brokerage Houses to provide statement with relevant details of margin loan holders on the 'Record Date' to the share department of the Company, on or before May 13, 2018. The Company has requested the shareholders to update their particulars of their bank accounts and 12 digits e-TIN numbers (cont.) (continuation news of PRIMEBANK): through respective DPs before the Record Date. If anyone fails to update his/her respective BO Account with the 12 Digits e-TIN before the Record Date, Advance Income Tax @ 15% (instead of 10%) will be deducted as per Section 54 of the amended Income Tax Ordinance 1984. (end)
- Dividend Declaration
The Board of Directors has recommended 7% cash and 10% stock dividend for the year ended on December 31, 2017. Date of AGM: 24.05.2018, Time: 11:00 AM. Venue: Krishibid Institution KIB Complex, Krishi Khamar Sarak, Farmgate, Dhaka-1215. Record Date: 06.05.2018. (cont.) (Continuation news of PRIMEBANK): The Company has also reported Consolidated EPS of Tk. 1.18 (weighted), Consolidated NAV per share of Tk. 24.11 and Consolidated NOCFPS of Tk. 7.27 for the year ended on December 31, 2017 as against Tk. 2.13 (weighted), Tk. 24.57 and Tk. 4.05 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.04.2018) following its corporate declaration.
- Revising Consolidated NOCFPS figure for the year 2016
Referring to their earlier news regarding dividend declaration, disseminated today, the Company has further informed that revised figure of Consolidated NOCFPS shall be Tk. 8.61 (which was reported as Tk. 4.05) for the year 2016 due to current year's disclosures in the financial statements. The company also noted that as per discussion with the Bangladesh Bank and Statutory Auditors, there is a presentation change in 2017 Accounts regarding (cont. 1) (Continuation news of PRIMEBANK): amount of Tk. 345.00 crore which was previously treated as cash outflow due to purchase of assets but now been restrained. As a result, balance of 'Net cash from operating activities' has increased in 2016. Accordingly, figure of 'Net Operating Cash Flow Per Share' has also increased in 2016. Same disclosure has been followed in the financial statements for the year 2017. (end) (Continuation news of PRIMEBANK): 'placement to other banks' (in the form of term placement/FDR). Previously, they presented these placements under 'other assets' which are now being presented under 'Balance with other Banks' as per advice of Bangladesh Bank. As a result, there is a movement of Tk. 345.00 crore between two above stated heads which are affecting the balance of Net Operating Cash Flow Per Share. In cash flow statement, other asset figure has decreased by the (cont. 2)
- BSEC approval for issuing "Prime Bank Subordinated Bond-3"
Referring to their earlier news (disseminated by DSE on October 30, 2017), the Company has further informed that BSEC has accorded consent for the issuance of "Prime Bank Subordinated Bond-03" upto Tk. 700.00 crore for raising Tier-2 Capital, under the provision of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012 as per the following details: (cont.) (Continuation news of PRIMEBANK): Total Amount: Tk. 700.00 crore, Number of Instruments: 7,000 @ Tk. 10.00 lac each, Purpose of the issuance: Consolidation of Capital Adequacy and other. The consent has been accorded pending obtaining of NOC from Bangladesh Bank, upon compliance with the relevant laws and regulations in this regard. (end)
- 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 10, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.