{"id":33561,"date":"2026-06-16T11:12:39","date_gmt":"2026-06-16T11:12:39","guid":{"rendered":"https:\/\/gsrra.com\/?p=33561"},"modified":"2026-06-16T11:12:43","modified_gmt":"2026-06-16T11:12:43","slug":"pace-expands-capital-base-by-140m-shares","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=33561","title":{"rendered":"Pace expands capital base by 140m shares"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/admin.mettisglobal.news\/images\/Pace.jpg_20260508061503115_f3620f.jpeg?width=950&amp;height=450&amp;format=Webp\" alt=\"News Image\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/api.whatsapp.com\/send?text=Read%20More%20:%20https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>\u00a0Pace (Pakistan) Limited increased its paid-up capital from 309,862,893 shares to 450,021,219 shares after CDC allotted and credited 140,158,326 shares to certain persons\/entities against non-cash consideration comprising conversion of long-outstanding TFCs, financial liabilities and a property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The shares were issued at Rs 9.00 per share, representing a 10% discount to the par value of Rs10.00 per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The shares were credited into the respective CDS accounts at the end of June 12, 2026, following CDC confirmation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#8217;s paid-up capital now stands at 450,021,219 shares. The closing market price of the company&#8217;s shares on June 12, 2026, the date of credit into the respective CDC sub-accounts, was Rs 11.53 per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The issuance is subject to a six-month lock-in period for sale and compliance with the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The aforementioned information was disseminated through a&nbsp;<a href=\"https:\/\/dps.psx.com.pk\/download\/document\/278613.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">notification<\/a>&nbsp;to Exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reference Link:- <a href=\"https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124\" target=\"_blank\" rel=\"noopener\">https:\/\/mettisglobal.news\/Pace-expands-capital-base-by-140m-shares-61124<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Pace (Pakistan) Limited increased its paid-up capital from 309,862,893 shares to 450,021,219 shares after CDC allotted and credited 140,158,326 shares to certain persons\/entities against non-cash consideration comprising conversion of long-outstanding TFCs, financial liabilities and a property. The shares were issued at Rs 9.00 per share, representing a 10% discount to the par value of Rs10.00 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[2076,30532,30533,30530,30531,483],"class_list":["post-33561","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-economy-2","tag-long-standing-tfcs","tag-non-cash-considerations","tag-pace-limited","tag-paid-up-capital","tag-pakistan-2","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/33561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33561"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/33561\/revisions"}],"predecessor-version":[{"id":33562,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/33561\/revisions\/33562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/31828"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}