PT LAUTAN LUAS Tbk(IDX: LTLS) held an Extraordinary General Meeting of the Shareholders on 10 December 2014, during which a two for one share split was approved.
The final date of trade of the old shares with the historical nominal value of Rp 250,- is set as 8 January 2015, with the recording of these transactions to be completed by 13 January. The old nominal value shares on record as of this date will be entitled to the two for one split. Trading of the new shares with a nominal value of Rp 125,- will commence on 9 January 2015. Settlement of transactions of the new nominal value shares will then begin on 14 January 2015.
For a complete description of the implementation of the share split, please refer to notices published simultaneously in the “Harian Ekonomi Neraca” or “Bisnis Indonesia” newspapers on 5 January 2015 which also attached on: