Clarification by PT Profesional Telekomunikasi Indonesia Regarding Media Reports dated 24 August 2026
news · Wednesday, 26 August 2026 09:00
We refer to:
- Provision IV.2.2 of IDX Regulation No. I-E concerning Disclosure Obligations, as stipulated under the Decree of the Board of Directors of IDX No. Kep-00087/BEI/12-2025;
- The Consolidated Financial Statements of PT Profesional Telekomunikasi Indonesia and its subsidiaries for the six-month period ended 30 June 2026 (“FS 30 June 2026”);
- The Report on Share Ownership or Any Change in Share Ownership of a Public Company No. LK/24082026/0003/1 submitted by PT Profesional Telekomunikasi Indonesia (the "Company") on 24 August 2026 (the "Share Ownership Report") in connection with the Company's mandatory conversion of the Mandatory Convertible Bonds of BTEL;
- IDX Announcement dated 21 August 2026 regarding the Listing of BTEL Shares No. Peng-P-01007/BEI.PP1/08-2026; and
- Media reports from Emitentrust.com on 24 August 2026 titled Grup Djarum Diam-diam Caplok 10,86% Saham Bakrie Telecom (BTEL), Ada Tujuan?” available at the following link: https://emitentrust.com/grup-djarum-diam-diam-caplok-1086-saham-bakrie-telecom-btel-ada-tujuan and Bisnis Indonesia on 24 August 2026 with the article titled “Grup Djarum Protelindo Dapat 10,86% Saham Bakrie Telecom” at the following link: https://market.bisnis.com/read/20260824/192/1998599/grup-djarum-protelindo-dapat-1086-saham-bakrie-telecom-btel (“Media Reports 24 August 2026”),
The Company hereby considers it necessary to issue this clarification in order to correct the information contained in the Media Reports 24 August 2026.
As disclosed in the Company’s FS 30 June 2026 and the Share Ownership Report, the Company’s direct acquisition of BTEL shares resulted the exercise
of the conversion of Mandatory Convertible Bonds (not the execution of a Repurchase Agreement) pursuant to the Settlement Agreement dated 8 December 2014 entered into between BTEL and the relevant creditors, including the Company.
The above Settlement Agreement was executed as a follow-up to the decision of the Commercial Court at the Central Jakarta District Court concerning BTEL’s Temporary Suspension of Debt Payment Obligations (PKPU) dated 10 November 2014
The shareholding is not material to the Company’s business operations or financial condition. As part of its business strategy, the Company remains focused on developing its core businesses and continues to evaluate business opportunities selectively, taking into account the long-term interests of the Company and its stakeholders.
The Company's Share Ownership Report can be accessed through the following link:
Disclosure of information can be seen here.