Board of Directors of AB Bank Limited (ABBL) in it’s 546th Meeting held on March 12, 2014 (Wednesday) at ABBL Head Office, Dhaka, considered and approved the Audited Financial Statements for the year ended December 31, 2013 and also resolved to hold following as per the schedule below:
| A) | Recommendation of Dividend, holding of 32nd AGM of the Bank & other related issues: | |||||||||||||||||
| Date and Time of AGM | : | April 21, 2014 (Monday) at 9:15 a.m. | ||||||||||||||||
| Venue of AGM | : | Bashundhara Convention Centre-02, Block–C, Umme Kulsum Road, Bashundhara R/A., Baridhara, Dhaka. | ||||||||||||||||
| Dividend recommended | : | i) Cash Dividend @5.00% (five per cent) and ii) Stock Dividend @ 7.00% (seven percent). |
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| i) | Record Date | : | March 25, 2014 (Tuesday) | |||||||||||||||
| ii) | Board also declared the following information in compliance with the BSEC Notification dated June 1, 2009. | |||||||||||||||||
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| B) | To issue ‘AB Bank Subordinated Bond’ up to BDT 250.00 crore for Tier-II Capital subject to approval of the concerned Regulatory Authorities and holding of Extra-Ordinary General Meeting of the Bank : | |||||||||||||||||
| Date and Time of EGM | : | April 21, 2014 (Monday) at 9:00 a.m. | ||||||||||||||||
| Venue of EGM | : | Bashundhara Convention Centre-02, Block–C, Umme Kulsum Road, Bashundhara R/A., Baridhara, Dhaka. | ||||||||||||||||
| Record Date | : | March 25, 2014 (Tuesday) | ||||||||||||||||
Sd/-
Mahadev Sarker Sumon FCA
Company Secretary
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