USE OF PROCEEDS RISK FACTORS
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Description Prior to the Initial Public Offering
Subsequent to the Initial Public Offering and ESA Program Implementation
Number of Shares
Total Nominal Value Rp
Number of Shares
Total Nominal Value Rp
Shares in Portfolio 15,000,000,000
1,500,000,000,000 13,750,000,000
1,375,000,000,000
Management and Employee Stock Option Program MESOP The stock options granted to participants of the MESOP the Stock Options may be exercised to
purchase up to 187,500,000 shares of the Company, representing up to 3.0 of the Company’s total issued and paid-in capital following the completion of the Initial Public Offering, which shall be issued
from the Company’s portfolio.
MESOP Exercise Periods
The Stock Options under the MESOP shall be issued in three phases, namely: Phase I
30.0 of the total Stock Options to be issued under the MESOP shall be issued by no later than 60 days subsequent to the the Listing Date.
Phase II 30.0 of the total Stock Options to be issued under the MESOP shall be issued on
the first anniversary of the Listing Date. Phase III
40.0 of the total Stock Options to be issued under the MESOP shall be issued on the second anniversary of the Listing Date.
Stock Options shall be issued with an Option Life of five years commencing on the issue date, and shall be subject to a vesting period of one year commencing on the issue date.
Upon the subscription of all of the Offering Shares, and when the Award Shares are fully awarded and all the Stock Options available under the MESOP are granted and exercised, the Company’s capital
structure and shareholder composition prior to and immediately following the Initial Public Offering on a pro forma basis shall be as follows:
Share capital consisting of ordinary registered shares
with a nominal value of Rp100 per share
Description Prior to the Initial Public Offering
Subsequent to the Initial Public Offering, ESA Program Implementation and MESOP Implementation
Number of Shares
Total Nominal Value Rp
Number of Shares Total Nominal Value
Rp Authorized Capital
20,000,000,000 2,000,000,000,000
20,000,000,000 2,000,000,000,000
Issued and Fully paid-in capital - PT Integra Indo Lestari
4,956,950,000 495,695,000,000
99.14 4,956,950,000
495,695,000,000 77.00
- PT Sinergi Mentari Alam 43,050,000
4,305,000,000 0.86
43,050,000 4,305,000,000
0.67 - Public
- -
- 1,243,750,000
124,375,000,000 19.32
- ESA Program -
- -
6,250,000 625,000,000
0.10 - MESOP
187,500,000 18,750,000,000
2.91
Total Issued and Fully paid-in capital
5,000,000,000 500,000,000,000
100.00 6,437,500,000
643,750,000,000 100.00
Shares in Portfolio 15,000,000,000
1,500,000,000,000 13,562,500,000
1,356,250,000,000
Further information in relation to the ESA program and MESOP is presented in Chapter I of this Prospectus.