Engro Foods floating 2.7 million shares
Posted: June 22nd, 2011 | Author: StockPK Team | Filed under: News | Tags: Engro, Engro Foods | 1 Comment »
Lahore Stock Exchange (LSE) has cleared the draft prospectus of offer for sale of shares of Engro Foods Limited. The total paid-up capital of the company is Rs 7.4 billion whereas the present offer consists of 2.7 million ordinary shares i.e. 3.61% of the total paid-up capital. The offer price will be Rs 25 per share (including premium of Rs 15 per share).
The presented offer for sale of shares is being made to the general public by Engro Corporation Limited’s existing shareholders of the Company.
From: Daily Times
When will the trading begin?