PT Bank Rakyat Indonesia  Tbk expects to obtain an effective statement from the OJK to conduct a rights issue on August 30, 2021.

In an information disclosure on the Indonesia Stock Exchange (IDX), Monday (26/7), BRI management said the company would conduct a Limited Public Offering I to shareholders to issue pre-emptive rights.

The company offers a maximum of 28,677,086,000 new series B shares with a nominal value of Rp50 per share. This amount is a maximum of 18.86% of the company's issued and fully paid capital after the limited public offering (LPO)..

The ratio and price of the exercise of the Preemptive Rights have not been determined. Rights can be traded on and off the Stock Exchange within eight working days from September 13, 2021, to September 22, 2021.

Rights that are not exercised until the end of the period are declared no longer valid.

"The listing of new shares resulting from the exercise of the Pre