Ahead of Rights Issue, MGLV Controller Sells Shares at Discounted Price

The data centre issuer PT NexAI Digital Infrastruktur Tbk (MGLV) has announced a share sale transaction by its controlling shareholder, PT Nextier Datamate Center, at a discounted price far below the average trading price.

It is reported that PT Nextier Datamate Center sold 38,500,000 ordinary shares of MGLV on 11 September 2026. The transaction was executed at a price of Rp7,000 per share, with the total transaction value reaching approximately Rp269.5 billion.

This transaction occurred while the average trading price of MGLV shares on the same day was recorded at Rp15,250 per share. In other words, the sale price was approximately 54.10% below MGLV’s average trading price on 11 September 2026.

“The purpose of the sale transaction is direct share ownership,” as quoted from the Indonesia Stock Exchange (BEI) disclosure on Wednesday, (16/9/2026).

Prior to the transaction, PT Nextier Datamate Center held 1,240,000,000 MGLV shares with 65.10% voting rights. After selling 38,500,000 shares, its ownership decreased to 1,201,500,000 shares, reducing PT Nextier Datamate Center’s voting rights to 63.07%.

Based on the average trading price of Rp15,250 per share, the sold shares would theoretically have been worth approximately Rp586.63 billion if calculated using the day’s average trading price.

Previously, PT NexAI Digital Infrastruktur Tbk (MGLV) planned to conduct a capital increase through a rights issue (PMHMETD I), targeting fresh funds of up to Rp2.53 trillion.

In this corporate action, the Company will offer up to 285,732,512 registered ordinary shares. The nominal value is set at Rp20 per share, equivalent to 13.04% of the Company’s total shares following the implementation of PMHMETD I.

Each preemptive right (HMETD) entitles the holder to purchase one new share at an exercise price of Rp8,880 per share.

“Every shareholder holding 100 shares listed in the DPS as of 3 November 2026 at 16:00 WIB is entitled to 15 (fifteen) HMETD,” as quoted from the BEI disclosure on Friday, (11/9/2026).

PT Nextier Datamate Center (NDC), as the Company’s major shareholder with a 65.10% stake, stated that it will exercise all HMETD to which it is entitled. NDC will take up 186,000,000 HMETD with an exercise value of approximately Rp1.65 trillion.

Following this news, MGLV shares were recorded up 0.86% to Rp14,725 at the close of the first trading session today, with a market capitalisation of Rp28.05 trillion.