On November 17, 2011, the Company’s shares were listed and traded on the Indonesia Stock Exchange, under the business identifier code GEMS. The Company recorded 5,882,353,000 shares at a price following the Company’s IPO at Rp. 2,500 per share.
The Company’s shares trading on IDX has been suspended since January 31, 2018, as the Company has yet to comply with Free Float Regulation stipulated by the Provision V.1. of IDX Regulation No. I-A. The IDX through a letter dated February 7, 2018, has confirmed that the suspension of the Company’s shares trading on regular and cash markets is due to the fact that the Company has yet to meet the minimum 7.5% free float requirement and not related to the Company’s operational or financial activities. And in connection with the fulfillment of Provision V.1. of IDX Regulation No. I-A, the IDX had decided to revoke the temporary trading suspension of the Company’s securities in the regular market and cash market, starting from the first session of securities trading on Monday, April 26, 2021. Thus, these securities can be traded in all markets.