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OTHER SPAC1 LSE SPAC-I Limited

LSE SPAC-I Limited: لاہور ہائی کورٹ کی جانب سے NGLE کے ساتھ انضمام کے منصوبے کی منظوری اور لسٹنگ کا شیڈول جاری۔ LSE SPAC-I Limited: Lahore High Court sanctions merger with NGLE; Listing schedule and share entitlement announced.

Stock ImpactPositive
LSE SPAC-I Limited (SPAC1)
Scheme of Arrangement Sanction & Listing Schedule
LSE SPAC-I Limited نے لاہور ہائی کورٹ کی جانب سے Ningbo Green Light Energy Limited (NGLE) کے ساتھ انضمام (Scheme of Arrangement) کی باضابطہ منظوری کا اعلان کیا ہے۔
اہم تفصیلات
  • انضمام: SPAC1 کا انضمام NGLE میں ہو رہا ہے، اور NGLE بقایا رہنے والی کمپنی (surviving entity) ہوگی۔
  • شیئرز کا تبادلہ: SPAC1 کے شیئر ہولڈرز کو ہر 1 شیئر کے بدلے NGLE کے 1.50 شیئرز ملیں گے۔
  • لسٹنگ کی تاریخ: متوقع تاریخ 26 اکتوبر 2026 ہے۔
  • آخری ٹریڈنگ تاریخ: SPAC1 کی آخری ٹریڈنگ 20 اکتوبر 2026 کو ہوگی۔
  • بک کلوزر: 21 اکتوبر سے 22 اکتوبر 2026 تک۔
نوٹ: انضمام کے بعد SPAC1 کو ختم کر دیا جائے گا۔ مزید تفصیلات کے لیے منسلک معلوماتی میمورنڈم دیکھیں۔
LSE SPAC-I Limited (SPAC1)
Scheme of Arrangement Sanction & Listing Schedule
LSE SPAC-I Limited (SPAC1) has announced the sanction of its Scheme of Arrangement by the Honorable Lahore High Court, paving the way for its merger into Ningbo Green Light Energy Limited (NGLE).
Key Implementation Details
  • Merger: SPAC1 shall merge into NGLE, which will continue as the surviving entity.
  • Entitlement: Shareholders of SPAC1 receive 1.50 shares of NGLE for every 1 share held in SPAC1.
  • Last Trading Date: October 20, 2026.
  • Entitlement Date: October 20, 2026.
  • Book Closure: October 21, 2026 to October 22, 2026 (both days inclusive).
  • Tentative Listing Date: October 26, 2026 (subject to approvals).
Investor Takeaway: The court-sanctioned merger is a significant milestone for the SPAC's business combination. Shareholders should note the Entitlement Date of October 20, 2026. After the merger completion, SPAC1 will stand dissolved without winding up, and NGLE will be the listed operating entity.
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