Bonus Share of Laxmi Bank Ltd.

Laxmi Bank Ltd. has informed NEPSE on 2073-09-28 that 183rd the BOD Meeting of the company held on 2073-09-27(Janualry 11, 2017) has proposed distribution of 38% Bonus Shares(Stock Dividend) to their shareholders which subject to the approval of NRB and its upcoming Annual General Meeting. The proposed Bonus share will be distributed after completion of acquisition of Professional Diyalo Bikas Bank and upcoming 100%(1:1) Right issue of the bank.The Dividend percentage will be adjusted to 18.29% of the paid up capital after completion of the acquisition and 100% Rights issue.