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PRAGATIINS

All Eps Dividend Board Agm Q1 Q2 Q3

PRAGATIINS 23-Aug-2020

(Continuation news of PRAGATIINS): disclosures on direct method of cash flows applied. 2. Different types of reserves created without any basis: Reserve for exceptional loss are being carried in the books of the Company since long and a sum of BDT 935,319,047 (including current year amount of BDT 69,156,197) has been transferred to the reserve for exceptional loss and the same has (cont. 4)

PRAGATIINS 23-Aug-2020

(Continuation news of PRAGATIINS): and Exchange Commission (BSEC) # BSEC/CMRRRCD/2006/208/Admin/81 dated 20 June 2018 have not been made in the accompanying financial statements: Reconciliation of net income or net profit with cash flows from operating activities making adjustments for non-cash items, for non-operating items and for the net changes in operating accruals, in addition to (cont. 3)

PRAGATIINS 23-Aug-2020

(Continuation news of PRAGATIINS): Ordinance 1984 about preparation and presentation of the financial statements as per International Financial Reporting Standard (IFRS) have not been followed properly in the preparation and presentation of the accompanying financial statements. In addition to the above, disclosure of the following item as required in the Notification of Bangladesh Securities (cont. 2)

PRAGATIINS 23-Aug-2020

The auditor of Pragati Insurance Limited has given the following "Qualified Opinion" in the audit report of the company prepared for the year ended on December 31, 2019. Qualified Opinion: 1. Financial statements not prepared properly in accordance with IFRS: The requirements of the Securities and Exchange Commission Ordinance 1969, Financial Reporting Act 2015 and Income Tax (cont. 1)

PRAGATIINS 23-Aug-2020

Trading of the shares of the Company will remain suspended on record date i.e., 24.08.2020.

PRAGATIINS 19-Aug-2020

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 20.08.2020 to 23.08.2020. Trading of the shares of the Company will remain suspended on record date i.e., 24.08.2020.

PRAGATIINS 26-Jul-2020

(Q2 Un-audited): EPS was Tk. 1.03 for April-June 2020 as against Tk. 0.58 for April-June 2019; EPS was Tk. 2.05 for January-June 2020 as against Tk. 1.42 for January-June 2019. NOCFPS was Tk. 4.56 for January-June 2020 as against Tk. 1.12 for January-June 2019. NAV per share was Tk. 51.89 as on June 30, 2020 and Tk. 50.63 as on December 31, 2019.

PRAGATIINS 26-Jul-2020

(Q1 Un-audited): EPS was Tk. 1.01 for January-March 2020 as against Tk. 0.89 for January-March 2019. NOCFPS was Tk. 2.16 for January-March 2020 as against Tk. 0.84 for January-March 2019. NAV per share was Tk. 50.08 as on March 31, 2020 and Tk. 50.63 as on December 31, 2019.

PRAGATIINS 26-Jul-2020

There will be no price limit on the trading of the shares of the Company today (26.07.2020) 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.

PRAGATIINS 26-Jul-2020

The Board of Directors has recommended 22% cash dividend for the year ended on December 31, 2019. Date of AGM: 23.09.2020, Time: 11:30 AM, Venue: Digital Platform. Record Date: 24.08.2020. The Company has also reported EPS of Tk. 3.19, NAV per share of Tk. 50.63 and NOCFPS of Tk. 5.57 for the year ended on December 31, 2019 as against Tk. 3.02, Tk. 53.05 and Tk. 0.61 respectively for the same period of the previous year.

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