Jakarta, 16 December 2022 – PT Dayamitra Telekomunikasi Tbk. (MTEL) announced that the Commissioners, Directors, and employees of MTEL have employed their option rights in the Management and Employee Stock Ownership Plan (MESOP) phase-I program, totaling 23,841,500 shares. The purchase price for MESOP MTEL shares in phase I is IDR 720 per share.
The MESOP MTEL program operates adhering to Financial Services Authority Regulation Number 14/P0JK.04/2019, concerning amendments to Financial Services Authority Regulation Number 32/P0JK.04/2015 regarding the augmentation of Public Company Capital by providing pre-emptive rights. Meanwhile, price determination is based on the Decree of the Directors of PT Bursa Efek Indonesia No. Kep-00101/BEI/12-2021, addressing amendments to Regulation Number I-A concerning the listing of shares and equity securities other than shares issued by listed companies.
The implementation of MESOP MTEL program phase I took place from November 1, 2022 to December 12, 2022, with the authorization for pre-listing of supplementary shares for the MESOP MTEL phase I implementation on February 18, 2022.
The realization of MESOP MTEL program phase I does not significantly dilute the shareholders’ ownership in the company. The total number of MTEL MESOP shares phase I allocated to management and employees is 0.028% of the total number of shares.
The enthusiasm of MTEL management and employees in the MESOP program reflects their confidence in the company. “The success of this program represents trust, a sense of ownership, and optimism towards the company’s long-term success. We have solid business fundamentals and a range of programs to ensure sustainable growth. In addition to adding new towers and enhancing tenancy ratios, we are also solidifying the tower business ecosystem. This includes initiatives such as deploying fiber optic and satellite services to provide high-capacity connectivity and ensuring power supply (power-to-tower),” remarked Theodorus Ardi Hartoko, as President Director.
