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UTTARAFIN

All Eps Dividend Board Agm Q1 Q2 Q3

UTTARAFIN 25-Aug-2020

Menoka Motors Limited (where Mr. Matiur Rahman, Mr. Mujibur Rahman and Mr. Durand Mehdadur Rahman are Directors of both Menoka Motors Limited and Uttara Finance and Investments Limited), has expressed its intention to buy 50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE).

UTTARAFIN 25-Aug-2020

Trans Asia Industries Ltd. (where Mr. Matiur Rahman, Mr. Mujibur Rahman and Mr. Durand Mehdadur Rahman are Directors of both Trans Asia Industries Ltd. and Uttara Finance and Investments Limited), has expressed its intention to buy 50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE).

UTTARAFIN 25-Aug-2020

(Continuation news of UTTARAFIN): the Board from earned profit after Tax for the year 2019 Tk. 117,30,96,833.00 of the Company (Consolidated profit after Tax Tk. 118,32,22,990.00) there are no scopes to reduce capital and becoming negative retained earnings or a debit balance of the same. (end)

UTTARAFIN 25-Aug-2020

(Continuation news of UTTARAFIN): Tk. 6,26,10,240.00 to be used in general business investment purpose of the Company. 2. The 5% Stock Dividend proposed by the Board from earned profit after Tax for the year 2019 Tk. 117,30,96,833.00 of the Company (Consolidated profit after Tax Tk. 118,32,22,990.00) 3. Since 5% Stock Dividend equivalent to Tk. 6,26,10,240.00 proposed by (cont. 3)

UTTARAFIN 25-Aug-2020

(Continuation news of UTTARAFIN): unanimously proposed 20% Dividend. Therefore, there were no other alternatives but to proposed 5% Stock Dividend along with 15% Cash Dividend. It may be mentioned here that in the year 2018 the Board of Directors proposed 20% Cash Dividend and 30% Cash Dividend in the previous 3 years which were approved by the shareholders in the Annual General Meeting. b) The retained amount of 5% Stock Dividend i.e. (cont. 2)

UTTARAFIN 25-Aug-2020

Dividend Declaration (Additional Information): The Company has further informed that they recommended 5% stock dividend for the year ended on December 31, 2019, due to following reasons: 1. a) Bangladesh Bank vide its DOS Circular no. - 03 dated 11 May 2020 directed for not to proposed more than 15% Cash Dividend. The Board of Directors taking into consideration the EPS for the year 2019 Tk. 9.45 and its dividend policy (cont. 1)

UTTARAFIN 24-Aug-2020

(Q2 Un-audited): Consolidated EPS was Tk. 1.10 for April-June 2020 as against Tk. 3.43 for April-June 2019; Consolidated EPS was Tk. 2.87 for January-June 2020 as against Tk. 6.05 for January-June 2019. Consolidated NOCFPS was Tk. 7.47 for January-June 2020 as against Tk. 8.14 for January-June 2019. Consolidated NAV per share was Tk. 65.32 as on June 30, 2020 and Tk. 62.45 as on December 31, 2019.

UTTARAFIN 24-Aug-2020

(Q1 Un-audited): Consolidated EPS was Tk. 1.77 for January-March 2020 as against Tk. 3.04 for January-March 2019. Consolidated NOCFPS was Tk. 4.25 for January-March 2020 as against Tk. 9.97 for January-March 2019. Consolidated NAV per share was Tk. 64.22 as on March 31, 2020 and Tk. 62.45 as on December 31, 2019.

UTTARAFIN 24-Aug-2020

There will be no price limit on the trading of the shares of the Company today (24.08.2020) 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.

UTTARAFIN 24-Aug-2020

The Board of Directors has recommended 15% cash and 5% stock dividend for the year ended on December 31, 2019. Date of AGM: 30.09.2020, Time: 11:00 AM, Venue: Digital Platform. Record Date: 15.09.2020. The Company has also reported Consolidated EPS of Tk. 9.45, Consolidated NAV per share of Tk. 62.45 and Consolidated NOCFPS of Tk. 2.73 for the year ended on December 31, 2019 as against Tk. 8.27, Tk. 55.00 and Tk. (20.90) respectively for the same period of the previous year.

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