JAKARTA – PT Bukalapak Tbk (BUKA), the Bukalapak e-commerce owner, has set the price for its private placement to IDR 783 per share.
Teddy Nuryanto Oetomo, Director of Bukalapak, claimed that his company will perform a capital raise without pre-emptive rights, which pertains to its plan of conducting the Management and Employee Stock Option Program (MESOP), from October 3 to November 11, 2022. “The number of convertible option rights in this period is capped at 5,060,345,150 shares,” he announced in the information disclosure quoted Tuesday (27/9).
According to Oetomo, if these option rights have yet to be converted, it could still be converted into shares in the next round. The shares conversion in this program is valued at IDR 3.96 trillion. (LK/ZH)