The Karachi Stock Exchange (Guarantee) Limited’s commencement of trading in the unpaid rights of NIB Bank Limited

The Karachi Stock Exchange (Guarantee) Limited’s commencement of trading in the unpaid rights of NIB Bank Limited

Karachi: The Karachi Stock Exchange (Guarantee) Limited (KSE) has approved the schedule of issue of right shares of NIB Bank Limited as notified vide our Notice No.KSE/N-3663 dated July 8, 2011. The trading in the Unpaid Rights of the Bank will start on this Exchange w.e.f. July 18, 2011. The first settlement date will be July 20, 2011.

The Unpaid Rights of the Bank have already been declared as eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the NCCPL, which has already assigned the Company Code/Security Symbol as “NIBR”.

For more information, contact:
Muhammad Ghufran
DGM Companies Affairs
Karachi Stock Exchange
Tel: +9221 111 001 122
Fax: +9221 3241 0825, +9221 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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