Provati Insurance PLC. announcements
394 Dhaka Stock Exchange announcements for Provati Insurance PLC. (PROVATIINS) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (29).
- Query Response
In response to a DSE query dated November 23, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price decline of shares.
- PROVATIINS Sale confirmation of a Sponsor Director
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has further reported that he has completed his sale of 20,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.47 for July-September, 2017 as against Tk. 0.35 for July-September, 2016; EPS was Tk. 1.32 for January-September, 2017 as against Tk. 1.26 for January-September, 2016. NOCFPS was Tk. 0.81 for January-September, 2017 as against Tk. 0.14 for January-September, 2016. NAV per share was Tk. 16.40 as on September 30, 2017 and Tk. 16.13 as on September 30, 2016.
- Confirmation of transfer by a Director
Mr. Abdur Rahman Ansary, one of the Directors of the Company, has further reported that he has completed his transfer of 1,10,000 shares of the Company to his brother Mr. Md. Ashiqur Rahman by way of gift outside the trading system of the Exchange as announced earlier.
- Sale confirmation of a Sponsor
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has further reported that he has completed his sale of 30,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Sponsor
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has expressed his intention to sell 20,000 shares out of his total holding of 20,817 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale confirmation of a Public Director
Pradip Kumar Das, one of the Directors (Public Director) of the Company, has further reported that he has completed his sale of 2,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of transfer by a Director
Mr. Abdur Rahman Ansary, one of the Directors of the Company, has expressed his intention to transfer 1,10,000 shares out of his total holding of 7,04,721 shares of the Company to his brother Mr. Md. Ashiqur Rahman by way of gift outside the trading system of the Exchange within October 31, 2017.
- Sale confirmation of a Sponsor
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has further reported that he has completed his sale of 20,000 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 October 30, 2017 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, 2017.
- Sale declaration of a Sponsor
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has expressed his intention to sell 30,000 shares out of his total holding of 50,817 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale declaration of a Public Director
Mr. Pradip Kumar Das, one of the Directors (Public Director) of the Company, has expressed his intention to sell 2,50,000 shares out of his total holding of 22,28,441 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within October 31, 2017.
- Sale declaration of a Sponsor
Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has expressed his intention to sell 20,000 shares out of his total holding of 70,817 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Credit Rating Result
ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA rating of the Company as "AA-" for long term and "ST-2" for short term in consideration of financials of the Company up to December 31, 2016 (audited), Q2FY17 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2016 to the respective shareholders' Bank Accounts through BEFTN on July 02, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.30 for April-June, 2017 as against Tk. 0.39 for April-June, 2016; EPS was Tk. 0.90 for January-June, 2017 as against Tk. 0.96 for January-June, 2016. NOCFPS was Tk. 0.63 for January-June, 2017 as against Tk. 0.14 for January-June, 2016. NAV per share was Tk. 17.48 as of June 30, 2017 and Tk. 16.59 as of June 30, 2016.
- 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 27, 2017 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, 2017.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2016 to the respective shareholders' BO Accounts on July 17, 2017.
- Decision to set up a new subsidiary Company with an AMC license
The Company has informed that the Board of Directors of the Company has decided to set up a new subsidiary Company with an Asset Management Company (AMC) license. The Asset Management Company will also function as a Fund Management Company. This is subject to the approval of the concerned Regulators and compliance with all Regulatory requirements. (cont.) (Continuation news of PROVATIINS): Upon incorporation of the Asset Management Company, the new company will establish a Mutual Fund and an Alternative Investment Fund by following Mutual Fund Rules, 2001 and Alternative Investment Rules, 2015 respectively. (end)
- Information for Margin Account Holders
The Company has requested the concerned Brokerage Houses/DPs to provide the statement with details of their margin loan holders entitled to Final Dividend of 2016 on or before July 03, 2017. The statement should include shareholder's name, BO ID number, client-wise shareholding position, contact person etc.
- Resumption after Record Date
Trading of the shares of the Company will resume on 24.05.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 23.05.2017.
- 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 21.05.2017 to 22.05.2017. Trading of the shares of the Company will remain suspended on record date i.e., 23.05.2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.60 for January-March, 2017 as against Tk. 0.61 for January-March, 2016. NOCFPS was Tk. 0.68 for January-March, 2017 as against Tk. 0.39 for January-March, 2016. NAV per share was Tk. 17.20 as of March 31, 2017 and Tk. 16.77 as of March 31, 2016.
- 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 14, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Dividend Declaration
The Board of Directors has recommended 6% cash and 6% stock dividend for the year ended on December 31, 2016. Date of AGM: 09.07.2017, Time: 11:00 AM, Venue: Institution of Diploma Engineers Bangladesh, IDEB Bhaban, 160/A, Kakrail, VIP Road, Dhaka. Record Date: 23.05.2017. The Company has also reported EPS of Tk. 1.81, NAV per share of Tk. 16.59 and NOCFPS of Tk. 0.66 for the year ended on December 31, 2016 as against Tk. 1.82, Tk. 16.26 and Tk. 1.32 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 (02.05.2017) 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 30, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.