EFU Life Assurance Limited has confirmed the successful subscription of right shares by its Directors and a substantial shareholder. The company has received a total of PKR 374,906,690, representing 37,490,669 rights shares at PKR 10 per share, which constitutes 42.86% of the total rights issue.
- Amount received: PKR 374,906,690
- Total rights shares subscribed: 37,490,669
- Price per share: PKR 10
- Percentage of total rights issue: 42.86%
- Compliance with Companies (Further Issue of Shares) Regulations, 2020 confirmed
- Auditor's certificate enclosed for verification