REG - Beximco Pharma. - Statement regarding Vice-Chairman, Salman Rahman

Beximco PharmaceuticalsAnnouncement

15/08/2024 07:00

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RNS Number : 5763A  Beximco Pharmaceuticals Ltd  15 August 2024

15 August 2024

 

BEXIMCO PHARMACEUTICALS LIMITED

 

Statement regarding Vice-Chairman, Salman Rahman

 

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM
Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56) provides a statement following
media reports surrounding the arrest of Non-Executive Vice-Chairman, Mr Salman
Rahman.

 

Mr Rahman was Private Industry and Investment advisor to the Prime Minister of
the previous government which, in line with the announcement on 13 August
2024, has now been replaced with an interim government following civil unrest
in Bangladesh.

 

The Company understands that Mr Rahman was arrested by the Dhaka Metropolitan
Police on 13 August 2024 and is being remanded in custody for 10 days while an
investigation is carried out into alleged offences. The Company is still
working to determine the facts of the situation and will provide further
information as required.

 

The previous Prime Minister, as well as a number of other ministers and senior
leaders from the previous government, are being investigated in similar cases.

 

Mr Rahman, in his position as Non-Executive Vice-Chairman, has no role in the
day-to-day running of Beximco Pharma.

 

 

For further information please visit www.beximcopharma.com
(http://www.beximcopharma.com) or enquire to:

 

Beximco Pharma

S M Rabbur Reza, Chief Operating Officer

Tel: +880 2 58611001, Ext.20111

 

Mohammad Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, Ext.20030

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott / Adam Dawes

Tel: +44 (0) 20 3368 3551 / 3555

 

SP Angel Corporate Finance LLP (Broker)

Matthew Johnson

Tel: +44 (0) 20 3470 0470

 

FTI Consulting

Simon Conway / Victoria Foster Mitchell / Sam Purewal

Tel: +44 (0) 20 3727 1000

 

Notes to Editors

 

About Beximco Pharmaceuticals Limited

 

Beximco Pharma is a leading manufacturer and exporter of medicines based in
Bangladesh. Since its inception in 1976, the Company remains committed to
health and wellbeing of people across all the continents by providing access
to contemporary medicines. Company's broad portfolio of generics encompasses
diverse delivery systems such as tablets, capsules, liquids, semi-solids,
intravenous fluids, metered dose inhalers, dry powder inhalers, sterile
ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser
solutions, oral soluble films etc. The Company also undertakes contract
manufacturing for multinational and leading global generic pharmaceutical
companies.

 

Beximco Pharma′s state-of-the-art manufacturing facilities are certified by
global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin
America, among others and it has a geographic footprint in more than 50
countries. More than 5700 employees are driving the company towards achieving
its aspiration to be among the most admired companies in the world.

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