BF Biosciences Limited (BFBIO) is set to make its official debut on the Pakistan Stock Exchange (PSX) on Monday. Trading of the company’s shares will begin on the Main Board of PSX on October 21, 2024, with transactions settled on a T+2 basis. The first settlement date is scheduled for Wednesday, October 23, 2024.
The market lot for BF Biosciences will consist of 1 share, priced at PKR 3 each. The Central Depository Company of Pakistan Limited (CDC) has already declared the company’s shares as eligible securities, ensuring that all transactions will be settled through the National Clearing Company of Pakistan Limited (NCCPL). The NCCPL has assigned “BFBIO” as the company’s official code/security symbol.
The opening price for BF Biosciences shares has been set at PKR 77 per share, as determined through the book-building process. The company will be listed under the “Pharmaceuticals” sector in the Daily Quotation of the Exchange.