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 2022 (20).
- Refer to their earlier news disseminated by DSE on 22.12.2021 regarding board decision on issuance of 5th Subordinated B
Refer to their earlier news disseminated by DSE on 22.12.2021 regarding board decision on issuance of 5th Subordinated Bond, the Company has further informed that Bangladesh Securities and Exchange Commission has accorded its consent for raising of capital through issuance of BDT 1,000.00 Crore Non-convertible, Unsecured, Fully Redeemable Subordinated Bond through private placement in cash consideration. (cont.)
- BSEC Consent for issuance of UCB 5th Subordinated Bond
(Continuation news of UCB): No. of Bonds to be issued 1,000 (One Thousand) and the face value of each bond would be BDT 10,000,000.00 (Ten Million). The consent has been accorded subject to compliance of relevant laws and regulatory requirements. The purpose of the issue is to strengthen the capital base of the Company. (end)
The first part of this announcement is missing from the archive. - Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.48 for July-September 2022 as against Tk. 0.61 for July-September 2021; Consolidated EPS was Tk. 1.34 for January-September 2022 as against Tk. 1.50 for January-September 2021. Consolidated NOCFPS was Tk. (18.68) for January-September 2022 as against Tk. (18.31) for January-September 2021. Consolidated NAV per share was Tk. 27.84 as on September 30, 2022 and Tk. 26.35 as on September 30, 2021.
- 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 23, 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.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.68 for April-June 2022 as against Tk. 0.60 for April-June 2021; Consolidated EPS was Tk. 0.94 for January-June 2022 as against Tk. 0.98 for January-June 2021. Consolidated NOCFPS was Tk. (9.65) for January-June 2022 as against Tk. (7.77) for January-June 2021. Consolidated NAV per share was Tk. 30.05 as on June 30, 2022 and Tk. 28.90 as on June 30, 2021.
- 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, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2021 to the respective shareholders' BO Accounts on June 16, 2022.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.26 for January-March 2022 as against Tk. 0.38 for January-March 2021. Consolidated NOCFPS was Tk. (6.79) for January-March 2022 as against Tk. (16.13) for January-March 2021. Consolidated NAV per share was Tk. 29.50 as on March 31, 2022 and Tk. 28.34 as on March 31, 2021.
- 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 12, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 26.04.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- Formation of fully owned subsidiary companies
The Company has informed that the Board of Directors has decided to form a fully owned subsidiary company of the Bank in Qatar to operate Money Services Businesses (MSB) subject to approval of the regulatory authorities. The Company has also informed that the Board of Directors has decided to form a fully owned subsidiary company of the Bank in Sharjah, UAE to operate Money Services Businesses (MSB) subject to approval of the regulatory authorities.
- 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 21.04.2022 to 24.04.2022. Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- Dividend Declaration (Additional Information)
(Continuation news of UCB): declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid-up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.03.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended December 31, 2021. Date of AGM: 09.06.2022, Time: 3:00 PM, Venue: Digital Platform. Record date: 25.04.2022. The Company has also reported consolidated EPS of Tk. 1.92, consolidated NAV per share of Tk. 29.25 and consolidated NOCFPS of Tk. (18.54) for the year ended December 31, 2021 as against Tk. 2.31, Tk. 27.96 and Tk. (8.87) respectively for the same period of the previous year.
- Board Decision to form a fully owned Subsidiary Company
The Company has informed that the Board of Directors has decided to form a fully owned Subsidiary Company having paid-up capital of MYR 4,000,000.00 (forty lakh) (Equivalent to USD 950,000) in Malaysia to operate Money Services Business (MSB) subject to the approval of the regulatory authorities.
- 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 30, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- Board Decision on issuance of UCB 2nd Perpetual Bond
The Company has informed that the Board of Directors has decided to issue of unsecured, contingent-convertible, non-cumulative, 'UCB 2nd Perpetual Bond' of amount up to Tk. 500 crore to be included in the Additional Tier I Capital subject to approval of regulatory authorities.
- Board Decision to formation of a Subsidiary Company
The Company has informed that the Board of Directors has decided to formation of a Subsidiary Company having paid-up capital of $ 9,00,000.00 (nine lac) in Singapore for remittance business subject to the approval of the regulatory authorities.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.