Financial results of IGI Investment Bank Limited for period ended June 30, 2016

Karachi, IGI Investment Bank Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 30, 2016.

The agenda of the meeting was discussion of consolidated profit and loss account for the year ended June 30, 2016 which portrayed a profit of Rs. 19,571 with earnings per share 0.09 basic and diluted and profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 226 with loss per share 0.001 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 25, 2016 to October 31, 2016 (both days inclusive).

IGI Investment Bank Limited is a public limited company incorporated in Pakistan on February 7, 1990. The foundation of the company is laid under the Companies Ordinance, 1984. The bank is licensed to carry out investment finance activities and leasing operations as a Non-Banking Finance Company and Notified Entities Regulations 2008. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is located at Lahore. The principal place of the business is located at Karachi.

The symbol “IGIBL” is being used by the stock exchanges for the shares of IGI Investment Bank Limited.