The Lahore Stock Exchange (LSE) on Thursday approved the application for formal listing and quotation of shares of the Fatima Fertilizer Company Limited (FFCL). According to the LSE notification, the Fatima Fertilizer Company Limited will be listed on the Exchange with effect from Monday, March 08,2010.
The trading in the shares of the Company will start on the Exchange from March 08, 2010 and all transactions of the company taking place would be settled on T+2 settlement basis from the same date. The first settlement date would be March 10, 2010. All outstanding transactions till March 05, carried out under the Regulations for Future Trading in provisionally listed company, 2002 shall be settled separately on March 10, through National Clearing Company of Pakistan Limited (NCCPL).
It is further notified that the shares of the company have already been declared eligible security by the Central Depository Company of Pakistan Limited and all the transactions would be settled through NCCPL, which has already assigned the company code/security symbol as Fatima.
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