After Merging with BOKL, 11.26 Crore Units Additional Shares of Global IME Bank Listed in NEPSE For Trading

112,614,336 additional shares of Global IME Bank Limited (GBIME) have been listed in NEPSE.

Global IME Bank Limited (GBIME) and Bank of Kathmandu Limited (BOKL) signed the merger agreement with each other on 2nd Ashad, 2079, and endorsed a 1: 1 share swap ratio for the merger. Thus, the additional shares after the merger are now listed in NEPSE. GBIME's total listed shares were 245,096,261 units and that of BOKL was 112,614,337.17 making it a total of 357,710,597 unit shares after the merger.

After a successful merger with Bank of Kathmandu Limited, GBIME has commenced the joint transaction in the name of Global IME Bank from Poush 25, 2079. The paid-up capital of the company is Rs 35.77 Arba. 

The open price range is set as Rs. 209.42 for the first transactions. The LTP of GBIME as of January 08 is Rs. 210.40.