Restoration of trading in shares of service industries textiles limited

Lahore, August 27, 2014 (PPI-OT): Service Industries Textiles Limited has rectified the default of Listing Regulation No. 30(1)(e) and (g). The Company has paid outstanding dues to the Exchange and the ordinary shares of the Company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Ltd. w.e.f. July 18, 2014. Therefore, suspension of trading in the shares of the Company as notified vide our Notice No. 5047 dated July 31, 2012 is hereby removed through which trading in the shares of the company was suspended from August 01, 2012.

It is to inform concerning all stakeholders that trading in the shares of the Company will be resumed with effect from Wednesday, September 03, 2014 and all transactions taking place in the shares of the Company will be settled through National Clearing Company of Pakistan Limited (NCCPL).

Managing Director and Chief Executive Officer of Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry congratulated the stakeholders and management of SERVICE INDUSTRIES TEXTILES LIMITED and informed the investors that after restoration of trading in the shares of the company at the Lahore Stock Exchange, one more product in TEXTILES SPINNING sector will available for investment.

MD also highlighted the steps taken by the LSE contributing to build a mechanism that has produced more transparency in the trading of the shares as well as to secure the investment of the investors. Lahore Stock Exchange is a fully electronic and completely automated stock exchange of Pakistan that is the only domestic exchange to have more than one trading floors in the region.

For more information, contact:
Barkat Ali Anjum
Deputy Manager-Media and Public Relations Department
Lahore Stock Exchange (LSE)
Cell: +92 306 4506086
Tel: Direct +92 4236280792, +92 423636 8000 Ext. 5031-5032
Fax: +92 42 3636 8485 – 111 441441
Email: barkatali@lse.com.pk
Web: www.lse.com.pk

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