31 March 2023

BEXIMCO PHARMACEUTICALS LIMITED

Holdings in Company

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, notes that two significant shareholders in Bangladesh have reported a trade between one another in the Company's Ordinary shares, which are only tradeable in Bangladesh, to the Dhaka Stock Exchange on 22 March 2023. This trade does not concern global depositary receipts admitted to trading on AIM in London.

IFIC Securities Limited sold 17m Ordinary shares at a price of TK. 135.00 per share to Absolute Construction and Engineering Limited who bought the17m Ordinary shares at a price of TK. 135.00 per share between 14 and 20 March 2023. 

As a result, IFIC Securities Limited now holds 4,780,000 Ordinary shares representing 1.07 per cent. of the total voting rights in the Company and Absolute Construction and Engineering Limited now holds 41,152,022 Ordinary shares representing 9.22 per cent. of the total voting rights in the Company.

For further information, please visit www.beximcopharma.com or enquire to:

Beximco Pharma

Nazmul Hassan MP, Managing Director

Tel: +880 2 58611001, Ext.20080

Mohammad Asad Ullah FCS

Executive Director & Company Secretary

Tel: 880 2 58611001, Ext. 10140

Mohammad Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, Ext.20030

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott

Tel: +44 (0) 20 3368 3551 / 3555

SP Angel Corporate Finance LLP (Broker)

Vadim Alexandre / Abigail Wayne

Tel: +44 (0) 20 3470 0470

FTI Consulting

Simon Conway / Victoria Foster Mitchell

Tel: +44 (0) 20 3727 1000

Notes to Editors

About Beximco Pharmaceuticals Limited

Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Since its inception in 1976, the Company remains committed to health and wellbeing of people across all the continents by providing access to contemporary medicines. Company's broad portfolio of generics encompasses diverse delivery systems such as tablets, capsules, liquids, semi-solids, intravenous fluids, metered dose inhalers, dry powder inhalers, sterile ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser solutions, oral soluble films etc. The Company also undertakes contract manufacturing for multinational and leading global generic pharmaceutical companies.

Beximco Pharma′s state-of-the-art manufacturing facilities are certified by global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin America, among others and it has a geographic footprint in more than 50 countries. More than 5500 employees are driving the company towards achieving its aspiration to be among the most admired companies in the world.