Philip Morris Pakistan to voluntary delist from PSX at Rs1,300/share

MG News | June 27, 2025 at 04:43 PM GMT+05:00

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June 27, 2025 (MLN): The voluntary delisting application of Philip Morris (Pakistan) Limited (PSX: PMPK), involving a sponsor offer of Rs664 per share and a minimum buyback price set at Rs1,300 per share, was determined by the Voluntary Delisting Committee (VDC or the Committee) of the PSX.

During the meeting, the VDC held detailed discussions with the representatives of the Sponsors, as per the notice issued by PSX.

According to PSX Regulation 5.14.7, the Sponsors of PMPK are required to convey their acceptance of the purchase price determined by the Exchange within ten (10) days.

The voluntary delisting of the company remains subject to the receipt of acceptance from the Sponsors and the fulfillment of relevant requirements by the company.

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