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BEXIMCO

All Eps Dividend Board Agm Q1 Q2 Q3

BEXIMCO 07-Mar-2021

As per BSEC Letter No. SEC/SRMIC/94-231/79 dated March 04, 2021, 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 on 07.03.2021. Trading of the shares of the Company will remain suspended on record date i.e., 08.03.2021 for EGM.

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): If any record date falls on a holiday, then the subsequent trading day shall be the record date. Redemption: If any Sukuk holder does not exercise the Conversion Option in full or in part during the tenure of the Sukuk. the remaining amount of the Sukuk holder will be redeemable at maturity in one bullet payment. Listing of Sukuk: DSE and CSE. Date of EGM: 15.04.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date for EGM: 24.03.2021. (end)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Record Date: i. The record date to determine Sukukholders eligibility to convert into ordinary shares of Beximco Ltd. will be 12 months after issuance of the sukuk and the said date shall be the record date for the subsequent years till maturity. ii. The record date to determine Sukukholders eligibility to receive half yearly Periodic Distribution Amount shall be 6 months after the issuance of Sukuk and thereafter, every 6 months till maturity. (Cont. 8)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Conversion Rate: 25% discount to the Weighted Average Market Price in Dhaka Stock Exchange (DSE) of 20 (twenty) trading days prior to the Record Date for Conversion. (Cont. 7)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Conversion Option: Sukuk holders shall have the option to convert up to 100% of their respective investment in the sukuk into ordinary shares of Beximco Ltd. within 5 years as follows: i. 20% convertible at the option of the Sukuk holders per annum; ii. Conversion option can be exercised at a multiple of 5%, i.e. 5%, 10%, 15% and 20%; iii. a single year's un-exercised option can be carried forward to the subsequent years and may be exercised along with current year's option. (Cont. 6)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Half-yearly Periodic Distribution amount: Sukuk holders shall be entitled to receive Periodic Distribution Amount on a half yearly basis as per the following calculation: Basis rate plus Margin Base Rate: 9% p.a. Margin: 10% of the difference between Base Rate and annual dividend rate declared in the AGM of the preceding year of Beximco Ltd. If dividend rate is equal to or below the Base Rate, the Periodic Distribution Amount will be paid as par the Base Rate only. (Cont. 5)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Mode of Placement: i. Private placement: 50% of the Sukuk Issuance; ii. Existing Shareholders of Beximco Ltd.: 25% of the Sukuk Issuance; ii. Public Offer: 25% of the Sukuk Issuance. (Cont. 4)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): Name of the Instrument: BEXIMCO Sukuk Al Istisna; Issue type: Secured Convertible Asset Backed Sukuk; Originator: Beximco Ltd.; Beneficiaries: (i) Teesta Solar Ltd., (ii) Korotoa Solar Ltd. (iii) Beximco Ltd.; Issuer: Special Purpose Vehicle to be formed by Beximco Ltd. with approval of BSEC; Sukuk Issue Size: BDT 30.00 billion; Face Value: BDT 100.00; Minimum Subscription size: BDT 5 000.00, 50 lots BDT 100.00 each, Tenure: 5 years (Cont. 3)

BEXIMCO 03-Mar-2021

(Cont. of BEXIMCO): the two subsidiaries of Beximco Power Company Ltd. and financing and refinancing the machinery and equipment required for expansion of Beximco Ltd.'s textile division on the following terms and conditions, subject to the approval of Bangladesh Securities and Exchange Commission (Con. 2)

BEXIMCO 03-Mar-2021

The Company has informed that the Board of Directors has decided and approved the initiation of the process of issuance of Islamic Shariah compliant Sukuk Al Istisna for BDT 30.00 billion as Originator i.e. Beximco Ltd. for the purpose of construction of the solar projects of Teesta Solar Ltd. and Koroloa Solar Ltd., (Cont.1)

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