Karachi June 26 2025: Pakistan Stock Exchange informed all stakeholders that the voluntary delisting application of Philip Morris (Pakistan) Limited (PMPK) was considered by the Voluntary Delisting Committee (VDC) of Pakistan Stock Exchange today.
The VDC held detailed discussions with the representatives of the Sponsors and after taking into account all relevant aspects under the applicable Regulations, the Committee decided to determine the minimum buyback price of PKR 1,300/- per share against the Offer of the Sponsor of PKR 664/- per share.
The Sponsors of PMPK are required to convey the acceptance to the purchase price determined by the Exchange within ten (10) days under PSX Regulation 5.14.7. The voluntary delisting of the Company is subject to receipt of acceptance from the Sponsors and fulfillment of relevant requirements by the Company.
