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CITYBANK

All Eps Dividend Board Agm Q1 Q2 Q3

CITYBANK 25-Feb-2016

In connection to their earlier news (disseminated by DSE on 09.02.2016), regarding IFC's Direct Equity Inv. & Convertible loan issue; MOA & AOA amendment, The Company has further informed the Board has decided to hold an EGM on 13.04.2016 for obtaining approval from the shareholders of the company (cont.)

CITYBANK 23-Feb-2016

With reference to their earlier news (disseminated by DSE on 09.02.2016) regarding IFC's Direct Equity Investment & Convertible loan issuance, the company has further informed that date of the EGM will be 27.03.2016 instead of earlier declared 24.03.2016. All other information will remain unchanged.

CITYBANK 09-Feb-2016

(Continuation news of CITYBANK): iii. Conversion Price: The conversion strike price is Tk. 28.30 per share, iv. Shareholders' Rights: in line with equity investment. For this the board of directors of the company has also decided to amend relevant provisions of the Memorandum and Articles of associations subject to approval of the relevant regulatory authorities and shareholders. Date of EGM: 24.03.2016. Record Date for EGM: 02.03.2016 . (end)

CITYBANK 09-Feb-2016

(Continuation news of CITYBANK): i. Conversion Option: IFC may convert all or portion of the outstanding principal balance of the loan into common shares of the borrower at any time during the conversion period following the delivery of a conversion notice by IFC to the bank. ii. Conversion Period: it means the period commencing on the date that is 1 year from the date of the loan agreement and terminating upon the full repayment of the loan in accordance with the terms of the loan agreement. (cont. 4)

CITYBANK 09-Feb-2016

(Continuation news of CITYBANK): USD $ 20,000,000.00 with interest rate of 2.75% over 6 months LIBOR (the final loan spread will depend on IFC's assessment of the investment risk and other factors) with maturities fees upto 3 years with a bullet payment at the end. There would be a onetime front end fee of at least 1% on the principal amount of the loan and a commitment fee of 0.50% per annum on the undisbursed principal amount of the loan. The conversion features would be as follows: (cont. 3)

CITYBANK 09-Feb-2016

(Continuation news of CITYBANK): The total value of shares to be subscribed by IFC would be Tk. 1,317,654,537.00; subject to obtaining approval of Bangladesh Bank, BSEC and other relevant Regulatory Authorities and as well as the shareholders to comply with the required regulatory requirements. The board has also approved Convertible Loan facilities from IFC into common equity of the company after getting approval from the respective regulatory authorities. The amount of loan would be (cont. 2)

CITYBANK 09-Feb-2016

The Board of Directors has approved entering into Shareholders Agreement and Subscription Agreement among The City Bank Ltd. and International Finance Corporation's (IFC). Based on the agreements, IFC will invest in the City Bank's Equity Shares to hold 5.0% of outstanding no. of bank's common equity through issuance of fresh equity with 46,560,231 shares with an issue price of each share of Tk. 28.30 (Tk. 18.30 premium with a face value of Tk . 10.00 each). (cont. 1)

CITYBANK 27-Oct-2015

(Q3 Un-audited): Consolidated EPS was Tk. 1.00 for July-September, 2015 as against Tk. 0.64 for July-September, 2014; Consolidated EPS was Tk. 2.63 for January-September, 2015 as against Tk. 1.48 for January-September, 2014. Consolidated NOCFPS was Tk. 18.80 for January-September, 2015 as against Tk. 0.43 for January-September, 2014. Consolidated NAV per share was Tk. 26.60 as of September 30, 2015 and Tk. 25.47 as of December 31, 2014.

CITYBANK 12-Aug-2015

Sohail Reza Khaled Hossain, one of the Directors (Ex-Officio Director) of the Company, has further reported that he has completed his buy of 50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

CITYBANK 04-Aug-2015

Sohail Reza Khaled Hossain, one of the Directors (Ex-Officio Director) of the Company, has expressed his intention to buy 50,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

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