Beximco Pharmaceuticals Ltd.

Regulatory Filings • Aug 15, 2024

National Storage Mechanism | Additional information

RNS Number : 5763A

Beximco Pharmaceuticals Ltd

15 August 2024

15 August 2024

BEXIMCO PHARMACEUTICALS LIMITED

Statement regarding Vice-Chairman, Salman Rahman

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56) provides a statement following media reports surrounding the arrest of Non-Executive Vice-Chairman, Mr Salman Rahman.

Mr Rahman was Private Industry and Investment advisor to the Prime Minister of the previous government which, in line with the announcement on 13 August 2024, has now been replaced with an interim government following civil unrest in Bangladesh.

The Company understands that Mr Rahman was arrested by the Dhaka Metropolitan Police on 13 August 2024 and is being remanded in custody for 10 days while an investigation is carried out into alleged offences. The Company is still working to determine the facts of the situation and will provide further information as required.

The previous Prime Minister, as well as a number of other ministers and senior leaders from the previous government, are being investigated in similar cases.

Mr Rahman, in his position as Non-Executive Vice-Chairman, has no role in the day-to-day running of Beximco Pharma.

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

Beximco Pharma

S M Rabbur Reza, Chief Operating Officer

Tel: +880 2 58611001, Ext.20111

Mohammad Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, Ext.20030

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott / Adam Dawes

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

SP Angel Corporate Finance LLP (Broker)

Matthew Johnson

Tel: +44 (0) 20 3470 0470

FTI Consulting

Simon Conway / Victoria Foster Mitchell / Sam Purewal

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 5700 employees are driving the company towards achieving its aspiration to be among the most admired companies in the world.

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