Karachi December 3 2021: Pakistan Stock Exchange Limited is pleased to notify the listing of Universal Network Systems Limited on the Growth Enterprise Market (GEM) Board with effect from Monday, December 06, 2021.
Trading in the shares of the Company will commence on the GEM Board from Monday, December 06, 2021 and shall be settled on T+2 basis. The first settlement date will be Wednesday, December 08, 2021.
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Universal Network Systems Ltd (UNSL) is oversubscribed by 1.68x! UNSL has successfully attracted equity financing worth Rs. 750.62 million against the targeted Rs. 445.7 million.
The Shareholders be informed that shares are allotted and credited in their respective accounts by CDC.
The Market Lot of the Company will be 500 shares of Rs.10/- each. The shares of the Company have already been declared an eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited (NCCPL). NCCPL has assigned “GEMUNSL” to the Company as their Company Code / Security Symbol. 4) The opening price of the shares of the Company will be PKR 65/- per share.