The Karachi Stock Exchange Limited’s notice of revocation of cds eligibility of ordinary shares and preference shares of Natover Lease and Refinance Limited

Karachi, July 03, 2013 (PPI-OT): This is to notify that consequent to:

a) Appointment of Official Liquidator of Natover Lease and Refinance Limited (hereinafter referred to as “Issuer”) pursuant to the order of Honorable High Court of Sindh vide order dated March 21, 2013 as informed by the Official Assignee vide their letter no. OA/866/2013 dated March 30, 2013 addressed to KSE;

b) Resultant delisting of Ordinary Shares (Security Symbol: NLRL) and Preference Shares (Security Symbol: NLRLXI) of the Issuer (hereinafter referred as “said Securities”) by the Karachi Stock Exchange Limited with effect from Monday, May 06, 2013; and

c) Withdrawal of Rule 7 Directive by SECP vide letter reference no. 8(4) SMD/SE/2008 dated June 27, 2013 in respect of NLRL and NLRLXI,

CDC has decided to revoke the CDC Eligibility of said Securities under Regulations 5.5.A.1 with effect from Wednesday, July 03, 2013.

As a requirement of CDC Regulations, CDC shall provide list of shareholders to the Official Liquidator showing details of Account Holders and Sub-Account Holders along with details of number of Book-entry securities entered in accounts and sub-accounts represented by the said Securities of the Issuer on the basis of which the Official Liquidator shall comply with all applicable laws, rules and regulations in view of aforesaid revocation.


CDS Participants are required to forthwith inform their relevant Sub-Account Holders regarding issuance of this notice.

For more information, contact:
Aftab Ahmed Diwan
Officiating Chief Executive Officer
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136

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