National Tea Company: Resumption of subscription of the proposed capital raising of the company

News Title: NTC: Resumption of subscription of the proposed capital raising of the company Post Date: 2024-06-19 Refer to their earlier news disseminated by DSE on 13.07.2023 regarding postponement of the subscription of proposed capital raising, the company has further informed that it received a letter from Bangladesh Securities and Exchange Commission directing resumption of the subscription of the proposed capital raising of the Company as per the Judgment of the Honorable Court. In line with the above direction, time period for collection of subscription of the proposed capital raising of National Tea Company Limited has been fixed as below: Subscription start date: June 19, 2024 (During Banking hours). Subscription closing date: August 19, 2024 (During Banking hours). All other information of PSI disseminated by DSE on 17.04.2023 in this regard will be unchanged. News Title: NTC: Regarding record date, ratio, subscription date etc. for placement issue Post Date: 2023-04-17 Refer to their earlier news disseminated by DSE on 16.04.2023 regarding BSEC consent for raising paid-up capital through issuance of Ordinary Shares, the company has further informed the following information: 1. Number of placement shares to be issued: 23,400,000 ordinary shares. 2. Ratio of the placement issue: a. 12,480,120 number of shares to be issued to Govt. of Bangladesh, Investment Corporation of Bangladesh and Sadharan Bima Corporation at a ratio of average 4.43 shares for 1 (one) existing share. b. 1,380,826 number of shares to be issued to other directors at a ratio of average 3.21 shares for 1 (one) existing share. c. 9,539,054 number of shares to be issued to shareholders other than directors and sponsors at a ratio of average 2.85 shares for 1 (one) existing share. Total 23,400,000 number of shares to be issued at a ratio of average 3.55 shares for 1 (one) existing share. 3. Issue price of the share: Tk. 119.53 each including a premium of Tk. 109.53 per share. 4. Record date for entitlement of Placement Share: May 15, 2023. 5. Subscription Opening Date: July 10, 2023 (During Banking Hours) 6. Subscription Closing Date: September 10, 2023 (During Banking Hours). 7. Manager to the Issue: ICB Capital Management Limited and 8. Bankers to the issue for placement issue: i. Padma Bank Limited, ii. Investment Corporation of Bangladesh. News Title: NTC: Regarding record date, ratio, subscription date etc. for placement issue Post Date: 2023-04-16 The company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded approval for placement issue of National Tea Company Limited for raising paid-up capital through issuance of 23,400,000 ordinary shares of Tk. 10.00 each at an issue price of Tk. 119.53 each including a premium of Tk. 109.53 per share, totaling Tk. 27,970,02,000.00 to be offered to the existing shareholders on the record date for entitlement of placement share. The purpose of issuance of placement share is to support the business growth (field and factory development), finance the working capital need along with repayment of bank loan. The ratio of placement share, record date for entitlement of placement share, the period of subscription and the list of Bankers to the issue will be notified soon.