SPAC1 · LSE SPAC-I Limited
Sanction of Scheme of Arrangement and Listing Schedule for LSE SPAC-I Limited
Official PSX filing title: Material Information on Sanction of the Scheme of Arrangement and Implementation and Listing Schedule
- Filed
- 13 October 2026 at 11:24 am
- Category
- Material
- Sentiment
- Good
- Impact
- High
Executive summary
LSE SPAC-I Limited announced that the Lahore High Court sanctioned the Scheme of Arrangement for its merger with Ningbo Green Light Energy Limited (NGLE). Shareholders of SPAC1 will receive NGLE shares at a swap ratio of 1.50 shares for every 1 share held, with trading in SPAC1 ceasing after October 20, 2026, and tentative listing of NGLE scheduled for October 26, 2026.
- #merger
- #scheme of arrangement
- #listing
- #spac
Please cross-check with the official PSX filing before making an investment decision.