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    • Appointed securities company

    Definition of Appointed Securities Company

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    Appointed Securities Company means PT Mandiri Sekuritas.“Astra”means PT Astra International Tbk., a public limited liability company established under the laws of the Republic of Indonesia.“Business Day”means a day on which commercial banks are open for business in the Republic of Indonesia (excluding Saturdays, Sundays and public holidays).“Change of Control”means change of control of the Company as a result of the Takeover.“Class A Shares”means class A shares of par value IDR12,500 (twelve thousand five hundred Rupiah) each in the capital of the Company.“Class B Shares”means class B shares of par value IDR125 (one hundred twenty five Rupiah) each in the capital of the Company.“Closing Date”means 25 September 2020 at the time determined by KSEI, which the last day on which the Public Shareholders may deliver the FPTW.“Company”means PT Bank Permata Tbk., a public limited liability company established and which operates as a commercial bank under the laws of the Republic of Indonesia.“Crossing”means executing a sale and purchase transaction on the negotiated market of the IDX through the Jakarta Automated Trading System.“Disclosure of Information”means this Disclosure of Information in relation to the Mandatory Tender Offer.“Exchange Day”means a day on which securities trading takes place at the IDX, which is Monday to Friday, except national holidays or days that are determined as holidays by the IDX.“FPTW”means the Mandatory Tender Offer Form, which is required to be completed by the Public Shareholders who agree to accept the Mandatory Tender Offer.“IDX”means PT Bursa Efek Indonesia or the Indonesia Stock Exchange.“IDR”means Indonesian Rupiah, being the lawful currency of the Republic of Indonesia.“KSEI”means PT Kustodian Sentral Efek Indonesia.“Mandatory Tender Offer”means the mandatory tender offer by the New Controller to purchase from the Public Shareholders a maximum of 26,880,234 (twenty-six million eight hundred eighty thousand two hundred thirty-four) Class A Shares and 3,024,429,639 (three billion twenty-four million four hundred twenty-nine thousand six hundred thirty-nine) Class B Shares issued in the capital of the Company, at the Mandatory Tender Offer Price.“Mandatory Tender Offer Period”means the period commencing on the Opening Date and ending on the Closing Date.“Mandatory Tender Offer Price”means the offering price offered by the New Controller to purchase the Public Shares during the Mandatory Tender Offer Period, being IDR1,347 (one thousand three hundred forty-s...
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