Liberty Energy Company Limited (LEC) requests local shareholders and promoters to dematerialize their shares

Liberty Energy Company had recently issued an IPO, first to its locals and then to the general public. While the IPO to the public can be applied online, IPO to locals has to be subscribed with a physical application form.

However, NEPSE requires all listed securities to dematerialize the shares of the shareholders. As a result, Liberty Energy Company Limited has issued a notice requesting all the investors/ project-affected locals to make a Demat account if they haven't yet made one. After getting a Demat number, it should be registered to the company via an application. The application template can be found at libertyenergy.com.np and prabhucapital.com.

Furthermore, promoters of Liberty Energy Company also have share certificates as proof of ownership. The company has also issued a separate notice for the promoters to submit their share certificates at the company's central office, Kalikasthan, Kathmandu, or at Prabhu Capital Limited, Kamaladi. Their shares will then be dematerialized and deposited to Demat accounts.

Notice for project-affected shareholder locals

Notice for promoters