Pakistan Stock Exchange (PSX) has announced that the newly floated shares of Citi Pharma Limited (CPHL) will be listed at the stock exchange tomorrow i.e., Friday, July 09, 2021.
As per the notice, 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.
Moreover, the Market minimum Lot size of the shares will be 500 shares in the regular market.
The Citi Pharma shares are already 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 the Company Code / Security Symbol of “CPHL” to the CITI Pharma shares.
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.
As per the notice, Citi Pharma will be placed under the “Pharmaceuticals” Sector in the Daily Quotation of the Exchange.
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