21st Dividend Reinvestment Plan (DRP) in conjunction with the First Interim Dividend for Financial Year Ended 31 Dec 2021
The first interim dividend was declared by the Board of Directors of Maybank on 26 August 2021 together with the announcement of the second quarter financial results for the financial year ended 31 December 2021.
The first interim single-tier dividend of 28 sen consists of a cash portion of 14 sen per ordinary share and an electable portion of 14 sen per ordinary share which can be elected to be reinvested in new ordinary shares.
Issue price: RM7.80 per new Maybank Share
Price Fixing Date: 8 September 2021
The issue price of RM7.80 is based on the five-day VWAMP (Volume Weighted Average Market Price) of RM8.32 per Maybank Share up to and including 7 September 2021, being the last trading day prior to the Price Fixing Date for the issue price of new Maybank Shares after adjusting for the following:
a dividend adjustment of RM0.28 to the five (5)-day VWAMP of Maybank Shares ("Ex-Dividend VWAMP"); and
a discount of RM0.24 which is approximately 2.98% discount to the Ex-Dividend VWAMP of RM8.04.
Declaration of the First Interim Dividend: Thu, 26 Aug 2021
Announcement of Price Fixing and Book Closure Date: Wed, 8 Sep 2021
Ex-dividend Date: Wed, 22 Sep 2021
Book Closure (Entitlement) Date: Thu, 23 Sep 2021
DRP documents provided to shareholders: Mon, 27 Sep 2021
Last date and time for shareholders to submit the Dividend Reinvestment Form: Mon, 11 Oct 2021 by 5.00pm
Allotment and issuance of new Maybank Shares as well as payment of cash dividend: Thu, 21 Oct 2021
Listing of New Maybank Shares: Fri, 22 Oct 2021
Announcements made on Bursa Malaysia
26 Aug 2021: Approval from Bank Negara Malaysia on the increase in Maybank's share capital of up to 298.0 million new ordinary shares pursuant to the 21st DRP.
3 Sep 2021: Submission to Bursa Malaysia Securities Berhad ("Bursa Securities") of the application for the listing and quotation of new ordinary shares in Maybank on the Main Market of Bursa Securities to be issued pursuant to the 21st DRP.
7 Sep 2021: Approval from Bursa Securities on the listing and quotation of up to 251,083,942 new ordinary shares in Maybank on the Main Market of Bursa Securities to be issued pursuant to the 21st DRP.
8 Sep 2021: Issue price of new Maybank Shares to be issued pursuant to the 21st DRP is fixed at RM7.80 per new Maybank Share.
8 Sep 2021: Details of the First Interim Dividend.