KEY HIGHLIGHST OF UNITED BANK LTD (UBL) TRANSACTION 9 9 9 9 9 9 9 First Transaction by the Privatisation Commission (PC) after gap of almost Seven (07) Years One of the Largest Capital Market Transaction in Pakistan raising over PKR 38 Billion including Foreign Exchange of over US$310 Million for the Government of Pakistan (GoP) Total Demand of over PKR 63 Billion (~US$632 Million) Generated at Selling Price of PKR 158 per shares i.e. Demand of ~394 Million shares against the Offer Size of ~242 Million shares Generated robust International Demand of over US$500 Million (equivalent of PKR 50 Billion) at the Selling Price of PKR 158 per share Generated upbeat Domestic Demand of over PKR 12 Billion at the Selling Price of PKR 158 per share Over 30 International Equity Fund Managers/Qualified Institutional Buyers (QIB’s) participated and successfully allocated ~81% of Total Offer Size of ~ 242 Million shares Over 200 domestic institutional and High Net Worth Individuals (HNWIs) participated and successfully allocated ~19% of the Total Offer Size of ~ 242 Million shares
© Copyright 2024 ExpyDoc
