GSKCH's paid up capital jumps by over 22 million ordinary shares post merger
MG News | January 21, 2019 at 01:02 PM GMT+05:00
January 21, 2019 (MLN): As a result of the merger of GlaxoSmithKline OTC with and into GlaxoSmithKline Consumer Healthcare Pakistan Limited, additional shares were issued as per the approved swap ratio, announced GSKCH in a formal notification to the Pakistan Stock Exchange (PSX).
Consequently, the company’s paid up capital has now increased from 95.5 million ordinary shares of Rs.10 each, to 117.05 million ordinary shares of Rs.10 each.
The shareholding of GSKCH B.V. is now 100.4 million.
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