The Karachi Stock Exchange (Guarantee) Limited received amount of right shares of Shabbir Tiles and Ceramics Limited

Karachi: We would like to inform you that subscription amount of right shares of Shabbir Tiles and Ceramics Limited has been received from the followings;

 

Sr. No Particulars Amount
1. Directors and Family members 63,598,722
2. OIT Share Companies 241,922,772
3. Banks, corporate and general public 127,246,092
Total 432,767,586

 

Issuance of Right Shares of the Company

This has reference to your letter dated 14, June 2011. As required by you, we are pleased to state that as per the books and records of the Company, an aggregate subscription amount of Rs.432,767,586/- including share premium of Rs.72,127,931/- has been received by the Company up to 28 June 2011, against the issue of 72,127,931/- right shares of the face value of Rs.5 each as approved by the Board of Directors of the Company in their meeting held on 14 February 2011,

The paid up capital of the Company before taking into account the above mentioned right shares was as follows;

 

Number of Ordinary Shares Face Value

Rupees

Paid Up Capital

Rupees

72,127,931 5/- 360,639,655

 

The paid up capital of the Company after the above referred right issue would be as under;

 

Number of Ordinary Shares Face Value

Rupees

Paid Up Capital

Rupees

144,255,862 5/- 721,279,310

 

The above shares include 70,208,612 shares that have been recorded in the members’ register in the name of Central Depository Company of Pakistan Limited (CDC).

This letter is being issued on the specific request of the management of the Company for onward submission to the CDC in terms of procedures prescribed by CDC for shares uploaded.

For more information, contact:
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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