LSEFSL · LSE Financial Services Limited.
Decision of the Board – Declaration of Right Shares Issuance by LSEFSL
- Filed
- 14 September 2026 at 10:42 am
- Category
- Actions
- Sentiment
- Good
- Impact
- High
AI executive summary
The Board of Directors of LSE Financial Services Limited has resolved to issue 159,000,000 ordinary Right Shares at par value of PKR 1/- each, representing a 58.89% Right Issue. The proceeds will be utilized to provide seed money for SPACs and invest in pre-IPO, IPO, and SPO offering companies.
Key takeaways
- Issuance of 159,000,000 Right Shares at par value of PKR 1/- each.
- Proportion of 58.89 Right Shares for every 100 ordinary shares held (58.89%).
- Proceeds amounting to PKR 159 million will be earmarked for SPACs (75%) and pre-IPO/IPO/SPO investments (25%).
- Book closure dates for right entitlements will be communicated in due course.
- #right shares
- #capital increase
- #spacs
- #investment
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.