In the first phase of MESOP implementation, Blibli company obtained capital worth US$510,468, or nearly Rp8.02 billion.
Heaptalk, Jakarta — PT Global Niaga Tbk, known as Blibli (issuer code: BELI), has conducted a Management and Employee Stock Option (MESOP) for the early phase. This agenda is implemented on December 15th – 21st, 2022, by converting the stocks of 18,586,100 shares.
Meanwhile, following the conversion agenda, according to the information disclosure in the Indonesia Stock Exchange (IDX) (12/28), the number of unconverted shares remains at 498,046,900 from the issued stock amount at a maximum of 516,633,000 shares.
After the first stage of MESOP shares issuance, the Director of Blibli, Hendry, revealed the number of BELI shares turned into around 118,439,291,840 stocks, compared to the former 118,474,705,900 shares.
Furthermore, while implementing the Management and Employee Stock Options program, the company determined a share price worth Rp432 per stock. From this strategic action, the Global Niaga company has attained capital worth US$510,468, or equal to Rp8.02 billion, from this early phase of the MESOP program.
As cited by katadata, Corporate Secretary of Blibli, Eric Winata, claimed the result of this initial MESOP agenda delivered several righteous impacts on the company’s operations, law, financial circumstances, and business sustainability of this Djarum-backed company.
On the trading closing duration, Wednesday (12/28), a BELI stock encountered a stagnant position of Rp468 per stock. However, BELI has also occupied its upper level of Rp470 and the lower worth of Rp466 per share. In addition, this technology company has recorded the trading frequency in total, attaining 296 times with a trading volume of 125,212 stocks and a transaction value worth Rp5.9 billion, or approximately US$375,137 (USD1 equals Rp15,727).
As it is known, before executing this early MESOP move, BELI strengthened its existence through the Initial Public Offering step and was officially listed on the IDX last November 8th, 2022. By offering a stock price of Rp450 per share during the IPO period, this Indonesia’s e-commerce company has succeeded in seizing fresh capital worth Rp8 trillion, or approximately US$508 million.
During this year, Indonesia’s Blibli company has also performed numerous strategic cooperations and innovative solutions to become an outstanding omnichannel and lifestyle platform devoted to retail and institutional customers.
