LSE Financial Services revises entitlement date and book closure for share distribution

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MG News | November 04, 2025 at 02:58 PM GMT+05:00

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November 04, 2025 (MLN): LSE Financial Services Limited (PSX:LSEFSL) has  revised the timeline for the determination of its entitlement date and book closure, following the Lahore High Court's sanctioned Scheme of Arrangement for the dissolution of LSE Financial Services Limited (PSX:LSECL) shares to its shareholders.

The company, in a notice to the Pakistan Stock Exchange, informed that due to technical reasons, the previously entitlement date of November 1, 2025, has been revised and rescheduled to November 7, 2025.

A summary of the effective distribution of LSECL shares among the shareholders of LSECL, LSEFSL, and DCCL is given below

1. Distribution of shares of LSECL to the shareholders of       LSEFSL

375.86 per 1,000 shares

2. Distribution of shares of LSECL to the shareholders of DCCL

386.73 per 1,000 shares

3. Distribution of shares of LSECL to the shareholders of LSECL

34.75 per 1,000 shares

4. Distribution of shares of LSEFSL to the shareholders of DCCL

25.17 per 1,000 shares

 

The Book Closure for determining entitlement will now be observed on November 8, 2025. All share transfers appearing in the Central Depository System (CDS) or received by the Company's Share Registrar, by the close of business on November 7, 2025, will be considered in time for the determination of entitlement under the approved Scheme.

The Company will observe a Closed Period from November 4, 2025, to November 7, 2025.

Furthermore , the company stated that  the ex-price of LSEFSL shares after the close of trading hours today will be intimated.

 

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