Fauji Fertilizer Company Limited (PSX: FFC) has launched a Public Offer to acquire 151.05 million ordinary shares of Agritech Limited, according to its filing with the Pakistan Stock Exchange (PSX).
This offer is made under the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. The initiative follows FFC’s Public Announcement of Intention to acquire shares and control of Agritech Limited, which was initially published on September 12, 2024, in Nawa-e-Waqt and The Nation.
In compliance with regulatory requirements, FFC has submitted the Public Announcement of Offer under Regulation 7(2), with supplementary documents to be provided separately under Regulation 7(5).
To ensure transparency, FFC has confirmed that the Public Offer announcement will also be published in Nawa-e-Waqt and The Nation on October 25, 2024, making the information accessible to shareholders and the public.
