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MERCANBANK

All Eps Dividend Board Agm Q1 Q2 Q3

MERCANBANK 31-Mar-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 with cum benefit from 01.04.2021 to 04.04.2021. Trading of the shares of the Company will remain suspended on record date i.e., 05.04.2021.

MERCANBANK 14-Mar-2021

There will be no price limit on the trading of the shares of the Company today (14.03.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

MERCANBANK 14-Mar-2021

(Continuation news of MERCANBANK): strengthen Tier-I capital base as per Basel III for the coming year. ii) The Bonus Shares have been declared out of accumulated profit. iii) The Bonus Shares have not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)

MERCANBANK 14-Mar-2021

(Continuation news of MERCANBANK): in due course through AGM notice). Record Date: 05.04.2021. The Company has also reported Consolidated EPS of Tk. 2.26, Consolidated NAV per share of Tk. 22.61 and Consolidated NOCFPS of Tk. 4.16 for the year ended on December 31, 2020 as against Tk. 2.26 (restated), Tk. 22.34 and Tk. 2.22 respectively for the same period of the previous year. The Company also informed that i) Stock dividend has been declared to (cont. 2)

MERCANBANK 14-Mar-2021

The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended on December 31, 2020. Date of AGM: 28.04.2021, Time: 11:00 AM, Venue: AGM will be held by using hybrid system i.e. combination of physical presence and by using digital/online platform. Venue for physical presence: FARS Hotel & Resorts, 212 Shahid Syed Nazrul Islam Sharani (Bijoynagar), Dhaka-1000. (Web-link for joining by using digital/online platform will be communicated (cont. 1)

MERCANBANK 07-Mar-2021

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on March 11, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

MERCANBANK 04-Mar-2021

Dhaka Stock Exchange Limited (DSE) has accorded its consent as per Court Order to transfer 2,02,763 shares of Mercantile Bank Ltd. from Md. Shahabuddin Alam, one of the Sponsors of Mercantile Bank Ltd. (the transferor/pledgor) to Southeast Bank Ltd. (the transferee/pledgee) outside the trading system of the exchange within 30 working days from the date of issuance of approval letter by DSE, under Regulation-47 of the Dhaka Stock Exchange (Listing) Regulations, 2015.

MERCANBANK 22-Dec-2020

The Company has informed that Mr. Mohd Selim, Sponsor Director of the company passed away on 26.06.2020. His total holding of 2,85,16,639 shares will be transmitted to his successor Mr. Mohammad Abdul Awal according to the Succession Certificate issued by the Honorable Court and free will of the successors.

MERCANBANK 22-Nov-2020

The Company has informed that the Board of Directors has decided to issue coupon bearing non-convertible "Mercantile Bank 3d Subordinated Bond" up to BDT 500.00 Crore as Tier-II regulatory capital through private placement to strengthen the Capital base of the Bank under Basel-III guideline subject to approval from concerned regulatory authorities.

MERCANBANK 03-Nov-2020

The Company has further informed that 16,83,570 shares of Mercantile Bank Ltd. from Late Abdul Jalil, one of the Sponsors of Mercantile Bank Ltd. (the transferor/pledgor) have been transferred to First Finance Ltd. (the transferee/pledgee) outside the trading system of the exchange as per declaration disseminated on 12.10.2020.

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