Bonus shares of Prime Commercial Bank and converted shares of Global IME Bank listed on NEPSE; 14.11 Million units made tradeable

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of bonus shares of Prime Commercial Bank (PCBL) and converted shares of Global IME Bank (GBIME).

As per the notice, 12,853,278.19 Units Bonus Shares of Prime Commercial Bank Limited has been listed on the stock exchange. The commercial bank had issued 16% bonus shares out of profits of FY 74/75.

Similarly, 1,260,000 Units Shares of Global IME Bank Limited has been listed on the stock exchange. The commercial bank had acquired Hathaway Finance (HATH) with a share swap ratio of 1:0.42. The shares have been converted and listed on NEPSE

A total of 14.11 Million units have been made tradeable on the secondary market.