United Commercial Bank PLC announcements
541 Dhaka Stock Exchange announcements for United Commercial Bank PLC (UCB) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (24).
- Consent accorded by BSEC for issuing Subordinated Bond
The Company has informed that BSEC has accorded its consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012 for raising of Tier II Regulatory Capital by United Commercial Bank Limited through issuance of Unsecured, Non-Convertible, Non-Listed and Redeemable 'UCB Third Subordinated Bond' (cont.) (Continuation news of UCB): amounting of Tk. 700.00 crore for 7 years tenure with interest of Benchmark rate plus 2.5% p.a. margin subject to coupon floor rate of 7.0% p.a. and Coupon Ceiling Rate of 10.50% pa. through Private Placement, subject to approval of Bangladesh Bank. The purpose of the proposed Subordinated Debt is to strengthen the capital base of the Bank. (end)
- Withdrawal of Authorized Representatives
Withdrawal of Authorized Representatives: UCB Capital Management Ltd. (DSE TREC No. 181) has withdrawn two of its Authorized Representatives, Mr. S.M. Moonzur Morshed & Mr. Mohammad Mofizur Rahman, with immediate effect.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.25 for July-September, 2017 as against Tk. 0.73 for July-September, 2016; Consolidated EPS was Tk. 2.50 for January-September, 2017 as against Tk. 1.96 for January-September, 2016. Consolidated NOCFPS was Tk. 11.88 for January-September, 2017 as against Tk. (0.20) for January-September, 2016. Consolidated NAV per share was Tk. 25.38 as on September 30, 2017 and Tk. 24.12 as on September 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 October 31, 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 confirmation of a Sponsor
Mrs. Nur Nahar Zaman, one of the Sponsors of the Company, has further reported that she has completed her sale of 2,10,83,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Sponsor
Mrs. Nur Nahar Zaman, one of the Sponsors of the Company, has expressed her intention to sell 2,10,83,000 shares out of her total holding of 2,72,76,696 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within October 31, 2017.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.15 for April-June, 2017 as against Tk. 0.81 for April-June, 2016; Consolidated EPS was Tk. 1.25 for January-June, 2017 as against Tk. 1.23 for January-June, 2016. Consolidated NOCFPS was Tk. 2.55 for January-June, 2017 as against Tk. (6.63) for January-June, 2016. Consolidated NAV per share was Tk. 24.14 as of June 30, 2017 and Tk. 23.46 as of June 30, 2016.
- Partial buy completion of a Sponsor Director
Mr. M A Sabur, one of the Sponsors Directors of the Company, has further reported that he has purchased his remaining 13,000 shares of the Company out of his earlier declared total 2,10,000 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 25, 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.
- Partial buy completion of a Sponsor Director
Mr. M A Sabur, one of the Sponsors Directors of the Company, has further reported that he has purchased 1,97,000 shares of the Company out of his declared 2,10,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor Director
Mr. M A Sabur, one of the Sponsors Directors of the Company, has expressed his intention to buy 2,10,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Issuance of UCB 3rd Subordinated Bond
The Company has informed that the Board of Directors has approved issuance of Unsecured, Non-Convertible, Non-listed and Redeemable UCB 3rd Subordinated Bond for 7 years of Tk. 700.00 crore as a part of Tier-II Regulatory Capital, Subject to approval of the Regulatory Authorities.
- Cash Dividend Disbursement
The Company has informed that it has disbursed Cash Dividend for the year ended on December 31, 2016 to the respective shareholders' Bank accounts through BEFTN and EFT. The Cash Dividend Warrants have already been disbursed from May 15, 2017 to June 11, 2017. The remaining un-remitted cash dividend Warrants have been dispatched by courier services to the respective shareholders ' address.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.10 for January-March, 2017 as against Tk. 0.42 for January-March, 2016. Consolidated NOCFPS was Tk. (2.28) for January-March, 2017 as against Tk. (8.53) for January-March, 2016. Consolidated NAV per share was Tk. 24.57 as of March 31, 2017 and Tk. 22.85 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 26.04.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2017.
- 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 23.04.2017 to 24.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2017.
- Time and Venue of the AGM
The Company has further informed that the 34th AGM of the Company will be held on May 11, 2017 at 11:00 AM at Senamalancha, Dhaka Cantonment, Dhaka. Other information will remain unchanged.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended on December 31, 2016. Date of AGM: 11.05.2017, Time and Venue: To be notified later on. Record date: 25.04.2017. The Company has also reported Consolidated EPS of Tk. 2.49, Consolidated NAV per share of Tk. 24.50 and Consolidated NOCFPS of Tk. 2.25 for the year ended on December 31, 2016 as against Tk. 3.81, Tk. 25.56 and Tk. (4.30) 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 (05.04.2017) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that the meeting of the Board of Directors of the Company will now be held on April 04, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- Board Meeting
The Company has further informed that the relevant agenda under LR 19(1) regarding consideration of Audited Financial Statements shall not be discussed at the meeting scheduled to be hold on March 15, 2017 at 3:00 PM since the Regulatory tripartite meeting could not be hold as per schedule due to unavoidable circumstances. The date of next Board Meeting to consider the Audited Financial Statements for the year ended on December 31, 2016 will be notified later accordingly.
- Board Meeting
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 15, 2017 at 3:00 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.