REG - Beximco Pharmaceut - Holdings in Company

Beximco PharmaceuticalsAnnouncement

31/03/2023 11:15

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RNS Number : 9600U  Beximco Pharmaceuticals Ltd  31 March 2023

31 March 2023

 

 

BEXIMCO PHARMACEUTICALS LIMITED

 

Holdings in Company

 

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM
Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of
generic pharmaceutical products and active pharmaceutical ingredients, notes
that two significant shareholders in Bangladesh have reported a trade between
one another in the Company's Ordinary shares, which are only tradeable in
Bangladesh, to the Dhaka Stock Exchange on 22 March 2023. This trade does not
concern global depositary receipts admitted to trading on AIM in London.

 

IFIC Securities Limited sold 17m Ordinary shares at a price of TK. 135.00 per
share to Absolute Construction and Engineering Limited who bought the17m
Ordinary shares at a price of TK. 135.00 per share between 14 and 20 March
2023.

 

As a result, IFIC Securities Limited now holds 4,780,000 Ordinary shares
representing 1.07 per cent. of the total voting rights in the Company and
Absolute Construction and Engineering Limited now holds 41,152,022 Ordinary
shares representing 9.22 per cent. of the total voting rights in the Company.

 

For further information, please visit www.beximcopharma.com or enquire to:

Beximco Pharma

 

Nazmul Hassan MP, Managing Director

Tel: +880 2 58611001, Ext.20080

 

Mohammad Asad Ullah FCS

Executive Director & Company Secretary

Tel: 880 2 58611001, Ext. 10140

 

Mohammad Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, Ext.20030

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott

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

 

SP Angel Corporate Finance LLP (Broker)

Vadim Alexandre / Abigail Wayne

Tel: +44 (0) 20 3470 0470

 

FTI Consulting

Simon Conway / Victoria Foster Mitchell

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 5500 employees are driving the company towards achieving
its aspiration to be among the most admired companies in the world.

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