BXP Beximco Pharma

TIDMBXP

RNS Number : 0686Y

Beximco Pharmaceuticals Ltd

28 December 2023

28 December 2023

BEXIMCO PHARMACEUTICALS LIMITED

Annual General Meeting Statement

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, today announces that all resolutions put before shareholders at the Company's Annual General Meeting ("AGM") held virtually on 28 December 2023 were duly passed.

The resolutions passed at the AGM included the approval of 35% cash dividend for the year ended on 30 June 2023. The cash dividend being 35% of the nominal value per ordinary share of Taka 10 (Taka 3.5 per ordinary share/per global depository receipt ("GDR") held in respect of GDR holders) will be paid to holders of ordinary shares/GDRs (who were on the register of shareholders'/GDR holders' as on the date of record, i.e. 13 November 2023) on or before 25 January 2024. The cash dividend will be paid after deduction of taxes as per Bangladesh Tax law.

The Annual Report for 2022-23 is available from the Company's website, which includes the audited accounts and a review of operations for the year ended on 30 June 2023.

For further information please visit www.beximcopharma.com or enquire to :

 
 Beximco Pharma 
 Nazmul Hassan MP, Managing Director 
  Tel: +880 2 58611001, Ext. 20080 
 S M Rabbur Reza, Chief Operating Officer 
  Tel: +880 2 58611001, Ext. 20111 
 
  Mohammad Ali Nawaz, Chief Financial Officer 
  Tel: +880 2 58611001, Ext. 20030 
 SPARK Advisory Partners Limited (Nominated Adviser) 
  Mark Brady / Andrew Emmott 
  Tel: +44 (0)20 3368 3551 / 3555 
 SP Angel Corporate Finance LLP (Broker) 
  Matthew Johnson 
  Tel: +44 (0) 20 3470 0470 
 FTI Consulting 
  Simon Conway / Victoria Foster Mitchell 
  Tel: +44 (0)20 3727 1000 
 

Notes to Editors

About Beximco Pharmaceuticals Limited

Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Since its inception in 1976, the Company remains committed to health and wellbeing of people across all the continents by providing access to contemporary medicines. Company's broad portfolio of generics encompasses diverse delivery systems such as tablets, capsules, liquids, semi-solids, intravenous fluids, metered dose inhalers, dry powder inhalers, sterile ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser solutions, oral soluble films etc. The Company also undertakes contract manufacturing for multinational and leading global generic pharmaceutical companies.

Beximco Pharma's state-of-the-art manufacturing facilities are certified by global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin America, among others and it has a geographic footprint in more than 50 countries. More than 5700 employees are driving the company towards achieving its aspiration to be among the most admired companies in the world.

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