Nashira Sultana, one of the sponsors of the company, has expressed intention to sell her entire holdings of 36,43,080 shares of the company at prevailing market price (in the block market) through stock exchange, within next 30 working days.
And these shares will be bought by Roknoor Holdings where Mr. Mohammed Amirul Haque is the MD of Roknoor Holdings and also a sponsor director of Premier Cement Mills.
Each share of Chittagong-based cement maker, which was listed on the Dhaka bourse in 2013, closed at Tk 95.60 on Wednesday, advancing 4.82 per cent over the previous day.
So, the total value of 3,643,080 Premier Cement shares as per Wednesday’s closing price is Tk 348 million.
The company has also reported consolidated earnings per share (EPS) of Tk 0.36 for July-September, 2017 as against Tk 0.54 for July-September, 2016, according to DSE website.
The company’s paid-up capital is Tk 1.05 billion and authorised capital is Tk 5.0 billion, while the total number of securities is 105.45 million.
Sponsor-directors own 58.58 per cent stake in the company while the institutional investors own 10.59 per cent, foreign 0.01 per cent and the general public 30.82 per cent as on November 30, 2017, the DSE data shows.
