{"id":190,"date":"2026-06-01T22:19:59","date_gmt":"2026-06-01T22:19:59","guid":{"rendered":"https:\/\/finance.brands.pk\/?p=190"},"modified":"2026-06-02T22:35:44","modified_gmt":"2026-06-02T22:35:44","slug":"lse-spac-i-confirms-credit-of-3-53-million-ningbo-green-light-energy-shares","status":"publish","type":"post","link":"https:\/\/finance.brands.pk\/?p=190","title":{"rendered":"LSE SPAC-I Confirms Credit of 3.53 Million Ningbo Green Light Energy Shares"},"content":{"rendered":"<p><strong>Lahore, June 1, 2026<\/strong> \u2014 LSE SPAC-I Limited has announced the successful credit of 3,530,000 shares of Ningbo Green Light Energy Limited (NGLE) to its account, marking a significant milestone in the company&#8217;s previously disclosed investment of PKR 230 million in the renewable energy-focused enterprise.<\/p>\n<p>According to a formal notification submitted to the Pakistan Stock Exchange (PSX), the shares were credited on May 25, 2026, following the completion of the relevant allotment and depository procedures. The company requested the PSX to disseminate the information to all TRE Certificate Holders.<\/p>\n<p>The development follows LSE SPAC-I&#8217;s strategic investment in NGLE, reflecting its commitment to identifying and supporting growth opportunities in emerging sectors. The successful transfer of shares further strengthens the company&#8217;s position as a shareholder in the energy venture.<\/p>\n<p>Supporting documentation from the Central Depository Company of Pakistan (CDC) confirmed that the right securities relating to the allotment of 3,530,000 shares of Ningbo Green Light Energy Limited were credited into the respective CDS accounts at the close of business on May 25, 2026. The CDC also noted that NGLE&#8217;s paid-up capital stands at 18,541,800 securities following the transaction.<\/p>\n<p>Market participants are expected to monitor future developments related to NGLE and the progress of LSE SPAC-I&#8217;s investment portfolio as the company continues to pursue value creation opportunities for its stakeholders.<\/p>\n<p><strong>Key Highlights<\/strong><\/p>\n<ul data-spread=\"false\">\n<li>LSE SPAC-I invested PKR 230 million in Ningbo Green Light Energy Limited.<\/li>\n<li>3,530,000 NGLE shares were credited to the company&#8217;s account on May 25, 2026.<\/li>\n<li>The transaction was confirmed by the Central Depository Company of Pakistan.<\/li>\n<li>NGLE&#8217;s paid-up capital currently stands at 18,541,800 securities.<\/li>\n<li>The announcement was formally submitted to the Pakistan Stock Exchange.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Lahore, June 1, 2026 \u2014 LSE SPAC-I Limited has announced the successful credit of 3,530,000 shares of Ningbo Green Light Energy Limited (NGLE) to its account, marking a significant milestone in the company&#8217;s previously disclosed investment of PKR 230 million in the renewable energy-focused enterprise. According to a formal notification submitted to the Pakistan Stock [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[100],"tags":[49],"class_list":["post-190","post","type-post","status-publish","format-standard","hentry","category-lse-spac-i-limited-spac1-psx","tag-material-information","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=190"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/190\/revisions"}],"predecessor-version":[{"id":191,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/190\/revisions\/191"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}