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CITYBANK

All Eps Dividend Board Agm Q1 Q2 Q3

CITYBANK 26-Jun-2016

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA2" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements of the Company up to December 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

CITYBANK 12-Jun-2016

Trading of the shares of the Company will resume on 13.06.2016 after record date.

CITYBANK 09-Jun-2016

Trading of the shares of the Company will remain suspended on record date i.e., 12.06.2016.

CITYBANK 07-Jun-2016

The Company has further informed that 492nd AGM of the Company will now be held on July 28, 2016 instead of July 18, 2016 at 11:30 AM at Kurmitola Golf Club, Dhaka Cantonment, Dhaka. Other information will remain unchanged.

CITYBANK 07-Jun-2016

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 with cum benefit from 08.06.2016 to 09.06.2016. Trading of the shares of the Company will remain suspended on record date i.e., 12.06.2016.

CITYBANK 07-Jun-2016

(continuation news of CITYBANK): totaling Tk. 46,09,46,330.00 only to IFC, other than existing shareholder of the company through private placement in cash consideration. The consent has been accorded subject to the condition that the company shall comply with the relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC. (end)

CITYBANK 07-Jun-2016

The Company has informed that BSEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 and Notification of the Commission dated October 02, 2011, for raising paid up capital of the company from Tk. 875,79,80,310.00 to Tk. 921,89,26,640.00 only through issuance of 4,60,94,633 ordinary shares of Tk. 10.00 each with an offer price of Tk. 28.30 (including a premium of Tk. 18.30 per share) (cont.)

CITYBANK 07-Jun-2016

(continuation news of CITYBANK): subject to obtaining approval of Bangladesh Bank, BSEC and other Regulatory Authorities in the following manner: Investment of Tk. 180.00 crore (Inclusive of Loan of Tk. 100 crore to be converted into Capital) to City Brokerage Ltd. and Tk. 180 crore to City Bank Capital Resources Ltd.(end)

CITYBANK 07-Jun-2016

(continuation news of CITYBANK): out of total 35,716,831 shares of IDLC Finance Ltd. The Board further approved conversion of Tk. 100.00 crore loan, availed by the Bank's Subsidiary, City Brokerage Ltd. into its capital subject to obtaining approval of Bangladesh Bank, BSEC and Regulatory Authorities. In addition to the above, Board also approved investment in the Subsidiaries capital of Tk. 360.00 crore for enhancement of subsidiaries equity portfolio.(cont. 2)

CITYBANK 07-Jun-2016

The Company has informed that the Board of Directors has decided to transfer 35,716,831 shares of IDLC Finance Ltd. to its subsidiaries at the prevailing market price on the transaction date subject to obtaining approval of Bangladesh Bank, BSEC and other Regulatory Authorities. After obtaining approval from Regulatory bodies, 24,885,352 shares will be transferred to City Bank Capital Resources Ltd. and 10,831,479 no. of shares will be transferred to City Brokerage Ltd.(cont. 1)

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