Citi Pharma Ltd to be listed on PSX from July 9

MG News | July 08, 2021 at 05:11 PM GMT+05:00

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July 8, 2021 (MLN): Pakistan Stock Exchange (PSX) has notified the listing of Citi Pharma Limited (CPHL) with effect from tomorrow i.e., Friday, July 09, 2021.

According to a notice issued by the PSX in this regard, the trading in the shares of the company will commence on the Exchange’s Main Board from the same date and shall be settled on a T+2 basis. The first settlement date will be Tuesday, July 13, 2021.

Further, the Market Lot of the company will be 500 shares of Rs10 each.

The shares of the company have already been declared eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited (NCCPL). NCCPL has assigned “CPHL” to the Company as their Company Code / Security Symbol.

The Opening Price of the shares of the company will be Rs32 per share, as determined through the Book Building process when the company was going public.

The notice said that the company will be quoted in the “Pharmaceuticals” Sector in the Daily Quotation of the Exchange.

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