FFBL notifies its members the decision to issue further capital

Fauji Fertilizer Bin Qasim Limited (FFBL) notified its members that the Board of Directors of FFBL (the “Company”) in their meeting held on October 6, 2020 has decided to issue further capital by offering 357,142,857 (Three Hundred Fifty Seven Million One Hundred Forty Two Thousand Eight Hundred Fifty Seven) ordinary right shares of PKR 10/- (Pak Rupees Ten) each, in the proportion of 38.2335 right shares for every 100 ordinary shares held (i.e. 38.2335%), at a price of PKR 14.0/- (Pak Rupees Fourteen) per share [inclusive of a premium of PKR 4.0/- (Pak Rupees Four) per share], against payment to the Company of the price of the shares subscribed by the shareholders, which shares shall rank pari passu in all respect with the existing ordinary shares of the Company. 

The dates of closure of the Share Transfer Books of the Company will be communicated in due course of time.

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