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 2022 (23).
- Buy Confirmation of a Director
Mr. Azam J Chowdhury, one of the Directors of the Company, has further informed that he has completed his buying of 21,05,257 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 20.10.2022.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.88 for July-September 2022 as against Tk. 0.46 for July-September 2021; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 0.88 for July-September 2022 as against Tk. 0.46 for July-September 2021; Consolidated EPS was Tk. 2.47 for January-September 2022 as against Tk. 2.27 for January-September 2021. Consolidated NOCFPS was Tk. 1.28 for January-September 2022 as against Tk. 6.00 for January-September 2021. Consolidated NAV per share was Tk. 27.18 as on September 30, 2022 and Tk. 25.62 as on September 30, 2021. (cont.)
- Decision to issue Unsec. Non-Convertible Subordinated Bond
The Company has informed that Board of Directors of the Company has decided to issue unsecured, non-convertible, redeemable subordinated bond of BDT 600.00 crore for 7 years to enhance capital base of the Company subject to required regulatory approvals.
- Q3 Financials
(Continuation news of PRIMEBANK): Net Operating Cash Flow Per Share (NOCFPS) decreased compared to the same period of the last year due to purchase of government securities and increase in loans & advances. (end)
The first part of this announcement is missing from the archive. - Buy Declaration of a Director
Mr. Azam J Chowdhury, one of the Directors of the Company, has expressed his intention to buy 21,05,257 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within October 31, 2022.
- 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 20, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- MOU signed between Prime Bank Ltd. and Union Capital Limited
The Company has informed that the Board has consented for signing a Memorandum of Understanding (MoU) with Union Capital Limited to explore the opportunity for potential collaboration between the two institutions, subject to all regulatory approvals.
- Share Transmission Completion of Deceased Sponsor Director
The Company has further informed that 2,80,38,000 shares of Late Mrs. Marina Yasmin Chowdhury, one of the Sponsor Directors of the company, have been transmitted to her nominee Mr. Azam J Chowdhury (Spouse and Nominated Director of the Company), by way of nomination as news disseminated on 22.08.2022.
- Transmission of Deceased Sponsor Director's shares to her nominee
The Company has informed that Mrs. Marina Yasmin Chowdhury, one of the Sponsor Directors of the Company passed away on 19.06.2021. Her present holding 2,80,38,000 shares will be transmitted to the account of her nominee Mr. Azam J Chowdhury (Spouse and Nominated Director of the Company), by way of nomination.
- The Company has informed that the Board consented to the revaluation of land & building to comply with the requirement o
The Company has informed that the Board consented to the revaluation of land & building to comply with the requirement of International Accounting Standard (IAS) 16 \"Property, Plant, and Equipment\". As per the revaluation report of \"Eastland Surveyors\", BDT 12.35 crore is to be recognized as revaluation surplus under shareholders\' equity, and BDT 3.20 crore as an expense in the profit and loss account.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.67 for April-June 2022 as against Tk. 0.47 for April-June 2021; Consolidated EPS was Tk. 1.59 for January-June 2022 as against Tk. 1.81 for January-June 2021. Consolidated NOCFPS was Tk. (1.13) for January-June 2022 as against Tk. 7.15 for January-June 2021. Consolidated NAV per share was Tk. 26.19 as on June 30, 2022 and Tk. 25.18 as on June 30, 2021. NOCFPS has decreased due to the purchase of govt. securities & an increase in loans and advances.
- 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 31, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Emerging Credit Rating Limited (ECRL) has assigned surveillance credit rating of the Company as \"AA\" in the long term
Emerging Credit Rating Limited (ECRL) has assigned surveillance credit rating of the Company as \"AA\" 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, 2021 and other relevant quantitative as well as qualitative information up to the date of rating.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q1 Financials
(Continuation news of PRIMEBANK:): The Company has also informed that Net Operating Cash Flow (NOCFPS) has been decreased due to decrease in borrowings and purchases of govt. securities. (end)
The first part of this announcement is missing from the archive. - Decision for voluntary dissolution of its wholly-owned subsidiary
The Company has informed that the Board accorded its consent to the proposal for voluntary dissolution of its wholly-owned subsidiary, PBL Exchange (UK) Limited considering the changes in the regulatory landscape which has made the business prospect bleak. This will be subject to complying with required regulatory formalities in appropriate jurisdictions.
- Resumption after record date
Trading of the shares of the Company will resume on 20.04.2022 after record date.
- 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 April 24, 2022 at 2:05 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended March 31, 2022.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 19.04.2022.
- 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 17.04.2022 to 18.04.2022. Trading of the shares of the Company will remain suspended on record date i.e., 19.04.2022.
- Dividend Declaration
The Board of Directors has recommended 17.50% cash dividend for the year ended December 31, 2021. Date of AGM: 12.05.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 19.04.2022. The Company has also reported Consolidated EPS of Tk. 2.87, Consolidated NAV per share of Tk. 26.26 and Consolidated NOCFPS of Tk. 9.65 for the year ended December 31, 2021 as against Tk. 1.61, Tk. 25.15 and Tk. (1.33) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.03.2022) 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 March 27, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.