British American Tobacco (2009 PCA) Limited made an offer to acquire 7.52% stake in PT Bentoel Internasional Investama Tbk (IDX:RMBA) for IDR 2.7 trillion on October 18, 2021. The Voluntary Tender Offer will cover a maximum of 2.7 billion shares which represents 7.52% of the total paid-up and issued Shares in PT Bentoel Internasional Investama Tbk. with a tender offer price of IDR 1,000 per Share and a maximum transaction aggregate total value of IDR 2.7 trillion.

The Tender Offer Period will start on November 1, 2021, 9:00 Western Indonesian Time and close on November 30, 2021, 15:00 Western Indonesian Time. BAT PCA has sufficient funds to completely settle this Tender Offer the payment for which is to be made on December 9, 2021. During and before the closing of the Tender Offer Period, the Offering Party are entitled to cancel the Tender Offer, after receiving approval from the Financia Services Authority (OJK), if the Tender Offer's terms and conditions are not met.

As on November 29, 2021, The Tender Offer's period extended from December 1, 2021 to December 31, 2021. As of January 4, 2022, offer period has been extended from January 1, 2022 to January 28, 2022. Payment of the Tender Offering Price to Public Shareholders who accepted the Tender Offer for the purchase of their offered Shares during the Extended Time Frame will be done on January 11, 2022.

As of February 21, 2022, offer period has been extended from February 21, 2022 to March 7, 2022. Wawan and Warno of PT Datindo Entrycom acting as a registrar and Amalia andTheresia of PT Bahana Sekuritas is acting as a securities company.