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December 22, 2025
Mr. Syed Abbas Chief Listing Officer
Pakistan Stock Exchange Limited
Karachi.Public Subscription Figures of Blue-Ex Limited
Dear Mr. Abbas
In reference to the recently held public subscription of Blue-Ex Limited on December 16 & 17, 2025, we are pleased to attach the letter from our consultant to the issue, K-Trade Securities Limited for the inal subscription figures as received from PSX and CDC e-IPO for your purpose and as required.
You may please inform the TRE certificate Holders of the Exchange, accordingly.
Rana Salman Majeed
Yours faithfully
Company Secretary
Head Office:
Bunglow No. 5, Bangalore Town, Shahrah-e-Faisal, Karachi.
Blue-EX Limited (Formerly Universal Network Systems Limited)
+92-21-1 1 1-258339
Regional Office - Central
158-5, Quaid-e-Azam Industrial
Estate, Kot Lakhpat, Lahore,
Regional Office - North
Building # 2A, Airport Link Road, Chaklala, Rawalpindi
KTRADE SECURITIES LIMITED
December 22'd, 2025
Mr. Syed Ahmad Abbas Chief Listing Officer
Pakistan Stock EXCl1ai ge LiM ilcd Karachi
Subject: Public Subscrtptlon Figures of Inltlal Publlc 0(ferlng of Blue•Ex Limited Dear Mr. Abbas
With refeznce to your letter no, GEN -2082 dated November 26, 2025 regarding public subscription of Blue-Ex
Limited odinary shares which was held on December 16th and December 17th, 2025 (both days inclusive). The final subscription figures received from PSX and CDC e-IPO as compiled by the Registrar, Mls CDC Share Registrar Service Limited are provided below.
We would like to inform you that applications for a total of 4,232,500 ordinary shares against the Issue size of 1,000,000 ordinary shares were received. Letter from Mls CDC Share Registrar Service Limited dated December 18th, 2025 along with the summary is enclosed herewith.
Following is a summary of public subscription of Blue-Ex Limited:
Application Category of Shares | No. Of Applications | Mo. Of Shares Applied | Amount (PKR) |
500 | 4,762 | 881,000 | 57,265,000 |
1000 | 694 | 694,000 | 45,110,000 |
1500 | 160 | 240,000 | 15,600,000 |
2@0 | 218 | 436,000 | 28340,000 |
Above 2,000 Units | 322 | 1,981,500 | 128,797,50d |
Overall Total | 3,156 | 4,232,500 | 275,112,500 |
It is pertinent to note that applications for up to 500 shares will receive full allocation while balloting will be held for 1,000 shares category. Balloting will be held on the 23'* of December 2025 at 1500 hours. All applications for higher number of shares will receive full refund.
For and on behalf of KTrade Securities Limited
Omar Salah Ahmed Managing Director
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