Pakistan Company News – Dispatch of Final Dividend Warrants of GlaxoSmithKline Pakistan Limited

Dispatch of Final Dividend Warrants of GlaxoSmithKline Pakistan Limited

Karachi, GlaxoSmithKline Pakistan Limited informed Pakistan Stock Exchange that final dividend warrants @ Rs. 4 per share, i.e. 40% for year ending December31, 2017 have been dispatched to the shareholders by registered post or through courier service on May14, 2018.

Glaxo Smith Kline Pakistan Limited is incorporated in Pakistan as a limited liability company. The company is engaged in manufacturing and marketing of research based pharmaceutical and consumer products. The company is a subsidiary of S.R. One International B.V., Netherlands, whereas its ultimate parent company is GlaxoSmithKline Plc, UK. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The company was created on January 1, 2001 through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan Private Limited and GlaxoWellcome Pakistan Limited. Some of the pharmaceutical brands produced by the company include Augmentin, Seretide, Amoxil, Velosef, Zantac and Calpol and renowned consumer healthcare brands, which include Panadol, Horlicks, Aquafresh, Macleans and ENO.

The symbol “GLAXO” is being used by the stock exchanges for the shares of GlaxoSmithKline Pakistan Limited