Information Disclosure to the Shareholder Concerning Capital Increase by Providing Preemptive Rights
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INFORMATION DISCLOSURE TO THE SHAREHOLDER CONCERNING CAPITAL INCREASE BY PROVIDING PREEMPTIVE RIGHTS The Board of Commissioners and the Directors are responsible for the completeness and accuracy of all information and material facts contained herein and hereby confirm that information disclosed in this Information Disclosure is accurate and none of unstated material fact can cause material information in this Information Disclosure become inaccurate and/or misleading. PT BANK PEMBANGUNAN DAERAH JAWA BARAT DAN BANTEN, Tbk. (BJBR) (“Company”) BUSINESS ACTIVITY Engaged in Banking Industry HEADQUARTER BRANCH NETWORK Menara bank bjb 1 Headquarter Jl. Naripan No 12-14, Bandung 5 Regional Offices West Java 65 Branch Offices Phone : 022-4234868 313 Sub Branch Offices Website : www.bankbjb.co.id 347 Cash Offices This Information Disclosure concerning Increase Capital by Providing Preemptive rights (“PMHMETD”) in order to comply with the Financial Services Authority Regulation No. 32/POJK.04/2015 dated December 16th, 2015 on Capital Increase of Public Companies with Preemptive Rights as amended by the Financial Services Authority Regulation No. 14/POJK.04/2019 (“POJK No. 32/2015”). This Information Disclosure issued in Bandung on February 26th, 2021 Halaman 1/6 GENERAL The Information in this Information Disclosure is important for shareholders on making decision in order to Company’s plan to Increase Capital by Providing Preemptive Rights reffered to POJK No. 32/2015. The PMHMETD will be requested for approval on Annual General Meeting of Shareholders for the 2020 financial year (“AGM”) which will be held on April 6th, 2021. All information in this Information Disclosure is a proposal, that depends on AGM approval. The final information regarding PMHMETD will be disclose in prospectus. If you have difficulty to understanding the information that contained in this Information Disclosure or hesitant in making a decision, you should contact a competent party or professional advisor. MAXIMUM AMOUNT OF CAPITAL INCREASE THROUGH PMHMETD The Company intends to execute capital increase through PMHMETD at the maximum of 925.000.000 (nine hundred twenty five million) series B shares with a nominal value of Rp250 (two hundred and fifty rupiah) per shares, or maximum 9,40% (nine point four percent) of the total number of shares and fully paid to the Company, at a price to be determined and announced later in PMHMETD prospectus in accordance with applicable rules and regulations. The number of shares to be issued depends on the Company's funding requirements and the PMHMETD exercise price. ESTIMATED PERIOD OF EXECUTION OF THE CAPITAL INCREASE THROUGH PMHMETD The Company intends to execute capital increase by providing preemtive rights immediately after Company receive the declaration of the effectiveness registration statements from Financial Service Authority. Refer to Article 8 paragraph 3 POJK No. POJK No 32/2015, the period between the date of the AGM and the effectiveness of the registration statement is not more than twelve (12) months. OUTLINE ESTIMATES OF THE USE OF FUNDS The Company plans to use all of the net funds obtained from PMHMETD, after being deducted with the issuance cost to strengthen the capital structure which is then used entirely for loan expansion. ANALYSIS ON THE IMPACT OF THE CAPITAL INCREASE THROUGH PMHMETD TO COMPANY’S FINANCIAL CONDITION AND SHAREHOLDERS The PMHMETD will increase issued and fully paid up capital to the Company maximum of around 9,40% (nine point four percent) of the current issued and fully paid capital to strengthen the capital structure which is then used entirely for loan expansion. Halaman 2/6 The Proforma Capital before PMHMETD BEFORE PMHMETD SERIES A SHARE SERIES B SHARE TOTAL SHAREHOLDERS % Ownership of % Ownership of % Ownership of Amount of Nominal Value Amount of Nominal Value Amount of Nominal Value Total Issued Total Issued Total Issued Shares (Rp250 Per Share) Shares (Rp250 Per Share) Shares (Rp250 Per Share) Shares Shares Shares AUTHORIZED CAPITAL 9.600.000.000 2.400.000.000.000 60,00% 6.400.000.000 1.600.000.000.000 40,00% 16.000.000.000 4.000.000.000.000 100,00% ISSUED AND PAID UP CAPITAL 7.414.714.661 1.853.678.665.250 75,36% 2.424.072.500 606.018.125.000 24,64% 9.838.787.161 2.459.696.790.250 100,00% WEST JAVA AND BANTEN REGIONAL 7.414.714.661 1.853.678.665.250 75,36% - - - 7.414.714.661 1.853.678.665.250 75,36% GOVERNMENT - West Java Province 3.756.415.785 939.103.946.250 38,18% - - - 3.756.415.785 939.103.946.250 38,18% Municipal & Regency Government - 2.363.812.461 590.953.115.250 24,03% - - - 2.363.812.461 590.953.115.250 24,03% in Jawa Barat - West Java Municipal Government 583.201.465 145.800.366.250 5,93% - - - 583.201.465 145.800.366.250 5,93% Bandung Municipal 116.000.006 29.000.001.500 1,18% - - - 116.000.006 29.000.001.500 1,18% Cirebon Municipal 17.837.704 4.459.426.000 0,18% - - - 17.837.704 4.459.426.000 0,18% Sukabumi Municipal 38.545.063 9.636.265.750 0,39% - - - 38.545.063 9.636.265.750 0,39% Bekasi Municipal 62.493.022 15.623.255.500 0,64% - - - 62.493.022 15.623.255.500 0,64% Bogor Municipal 46.737.809 11.684.452.250 0,48% - - - 46.737.809 11.684.452.250 0,48% Cimahi Municipal 104.000.000 26.000.000.000 1,06% - - - 104.000.000 26.000.000.000 1,06% Depok Municipal 93.777.672 23.444.418.000 0,95% - - - 93.777.672 23.444.418.000 0,95% Tasikmalaya Municipal 62.810.189 15.702.547.250 0,64% - - - 62.810.189 15.702.547.250 0,64% Banjar Municipal 41.000.000 10.250.000.000 0,42% - - - 41.000.000 10.250.000.000 0,42% - West Java Regency Government 1.780.610.996 445.152.749.000 18,10% - - - 1.780.610.996 445.152.749.000 18,10% Bandung Regency 712.485.914 178.121.478.500 7,24% - - - 712.485.914 178.121.478.500 7,24% Cirebon Regency 56.121.123 14.030.280.750 0,57% - - - 56.121.123 14.030.280.750 0,57% Kawarang Regency 56.863.937 14.215.984.250 0,58% - - - 56.863.937 14.215.984.250 0,58% Ciamis Regency 32.721.097 8.180.274.250 0,33% - - - 32.721.097 8.180.274.250 0,33% Tasikmalaya Regency 130.953.800 32.738.450.000 1,33% - - - 130.953.800 32.738.450.000 1,33% Sukabumi Regency 86.889.260 21.722.315.000 0,88% - - - 86.889.260 21.722.315.000 0,88% Subang Regency 44.937.610 11.234.402.500 0,46% - - - 44.937.610 11.234.402.500 0,46% Indramayu Regency 87.986.270 21.996.567.500 0,89% - - - 87.986.270 21.996.567.500 0,89% Bekasi Regency 73.550.504 18.387.626.000 0,75% - - - 73.550.504 18.387.626.000 0,75% Sumedang Regency 46.052.684 11.513.171.000 0,47% - - - 46.052.684 11.513.171.000 0,47% Bogor Regency 202.523.232 50.630.808.000 2,06% - - - 202.523.232 50.630.808.000 2,06% Cianjur Regency 102.416.760 25.604.190.000 1,04% - - - 102.416.760 25.604.190.000 1,04% Kuningan Regency 28.797.110 7.199.277.500 0,29% - - - 28.797.110 7.199.277.500 0,29% Majalengka Regency 35.462.669 8.865.667.250 0,36% - - - 35.462.669 8.865.667.250 0,36% Garut Regency 26.366.698 6.591.674.500 0,27% - - - 26.366.698 6.591.674.500 0,27% Purwakarta Regency 51.219.171 12.804.792.750 0,52% - - - 51.219.171 12.804.792.750 0,52% Bandung Barat Regency 5.263.157 1.315.789.250 0,05% - - - 5.263.157 1.315.789.250 0,05% - Banten Province 520.589.856 130.147.464.000 5,29% - - - 520.589.856 130.147.464.000 5,29% Municipal & Regency Government - 773.896.559 193.474.139.750 7,87% - - - 773.896.559 193.474.139.750 7,87% in Banten - Banten Municipal Government 185.749.520 46.437.380.000 1,89% - - - 185.749.520 46.437.380.000 1,89% Tangerang Municipal 125.117.942 31.279.485.500 1,27% - - - 125.117.942 31.279.485.500 1,27% Cilegon Municipal 60.631.578 15.157.894.500 0,62% - - - 60.631.578 15.157.894.500 0,62% - Banten Regency Government 588.147.039 147.036.759.750 5,98% - - - 588.147.039 147.036.759.750 5,98% Serang Regency 151.092.304 37.773.076.000 1,54% - - - 151.092.304 37.773.076.000 1,54% Tangerang Regency 289.306.189 72.326.547.250 2,94% - - - 289.306.189 72.326.547.250 2,94% Lebak Regency 37.586.022 9.396.505.500 0,38% - - - 37.586.022 9.396.505.500 0,38% Pandeglang Regency 110.162.524 27.540.631.000 1,12% - - - 110.162.524 27.540.631.000 1,12% PUBLIC - - - 2.424.072.500 606.018.125.000 24,64% 2.424.072.500 606.018.125.000 24,64% SHARES IN PORTOFOLIO 2.185.285.339 546.321.334.750 - 3.975.927.500 993.981.875.000 - 6.161.212.839 1.540.303.209.750 - The Proforma Capital after PMHMETD With assumption that PMHMETD issued at the maximum of 925.000.000 (nine hundred twenty five million) series B shares with a nominal value of Rp250 (two hundred and fifty rupiah) per shares, shares can be issued in PMHMETD and subscribed by all shareholders: Halaman 3/6 AFTER PMHMETD SERIES A SHARE SERIES B SHARE TOTAL SHAREHOLDERS % Ownership % Ownership % Ownership Amount of Nominal Value Amount of Nominal Value Amount of Nominal Value of Total Issued of Total Issued of Total Issued Shares (Rp250 Per Share) Shares (Rp250 Per Share) Shares (Rp250 Per Share) Shares Shares Shares AUTHORIZED CAPITAL 9.600.000.000 2.400.000.000.000 60,00% 6.400.000.000 1.600.000.000.000 40,00% 16.000.000.000 4.000.000.000.000 100,00% ISSUED AND PAID UP CAPITAL 7.414.714.661 1.853.678.665.250 68,89% 3.349.072.500 837.268.125.000 31,11% 10.763.787.161 2.690.946.790.250 100,00% WEST JAVA AND BANTEN 7.414.714.661 1.853.678.665.250 68,89% 697.099.241 174.274.810.228 6,48% 8.111.813.902 2.027.953.475.478 75,36% REGIONAL GOVERNMENT - West Java Province 3.756.415.785 939.103.946.250 34,90% 353.161.883 88.290.470.773 3,28% 4.109.577.668 1.027.394.417.023 38,18% Municipal & Regency - 2.363.812.461 590.953.115.250 21,96% 222.235.372 55.558.843.042 2,06% 2.586.047.833 646.511.958.292