Two MDKA Directors Cooperate to Purchase 1 Million Shares at Rp2,830

Two directors of PT Merdeka Copper Gold Tbk (MDKA), Albert Saputro and Titien Supeno, have purchased a total of 1 million MDKA shares at a price of Rp2,830 per share, bringing the total transaction value to Rp3 billion.

According to information disclosure on the Indonesia Stock Exchange (IDX), reported on Tuesday (29/09/2026), the transaction was executed on 23 September 2026. Following this transaction, Albert Saputro’s ownership in MDKA stands at 0.016%, while Titien Supeno’s ownership is 0.012%.

Previously, MDKA planned to conduct a Fourth Private Placement (PMTHMETD IV) of 2,447,298,377 shares, representing a maximum of 10% of the company’s total placed and fully paid-up capital, with a nominal value of Rp20 per share.

Citing IDX disclosures, the reason for this corporate action is to support business development and execute expansion potential to strengthen the company’s capital structure.

“Through PMTHMETD IV, the Company expects to obtain alternative funding sources for the Company’s interests,” management stated on Wednesday (06/05/2026).

Of the funds obtained from the PMTHMETD IV, 30% will be allocated for working capital requirements, while the remainder will be used for business development, including capital expenditure, the purchase of shares or assets, and suitable transaction methods involving one or more companies within related industries.

Management noted that this private placement is expected to increase the number of outstanding shares, thereby enhancing the liquidity of the Company’s stock trading.

Once the PMTHMETD IV becomes effective, the shareholding percentage of current shareholders will experience a maximum dilution of 9.091%.