The Karachi Stock Exchange Limited’s notice of suspension of CDS eligibility of ordinary shares of (Colony) Thal Textile Mills Limited under the CDC regulations

Karachi, June 13, 2013 (PPI-OT): By our notice dated May 28, 2013 Issued to (Colony) Thal Textile Mills Limited (hereinafter referred to as the “Issuer”) under Regulation 5.3.2 of Central Depository Company of Pakistan Limited Regulations (“the CDC Regulations”), we showed our intention to suspend the Central Depository System Eligibility (“CDS Eligibility”) of the Ordinary Shares (Security Symbol: COTT) (hereinafter referred to as the “said Securities”) of the Issuer if the fee and charges are not paid by the Issuer in accordance with the schedule of Fees and Deposits of the CDC Regulations (hereinafter referred to as the (“Schedule”) and as detailed in our aforesaid notice within ten (10) Business Days from the date of such notice, failing which CDS Eligibility of the said Securities of the Issuer will be suspended.

It is now notified that CDC shall suspended the CDS Eligibility of the said Securities of the Issuer with effect from Wednesday, June 12, 2013 on account of failure of the Issuer to settle the CDC invoice in accordance with the Schedule in discharge of its obligation under the CDC Regulations. This suspension shall remain in force till further notice. During the suspension period no new deposit requests will be accepted in the CDS.

It is to be noted that as per the CDC Regulations, if a suspension of CDS Eligibility of any Securities of an Issuer continues for 60 Business Days, CDS Eligibility of such Securities can be revoked with effect from end of Day on the last day of the suspension.

Please note that as per the CDC Regulations, consequent to revocation of CDS Eligibility of the Issuer, all the Book-entry Securities representing the Securities of the Issuer held in the account and sub-accounts in the CDS would be cancelled including securities held under pledged position.

Further, as required under Regulation 5.3.3(b), a copy of this notice is being sent to the Stock Exchange on which the said Securities of the Issuer are listed.

For more information, contact:
Fazal Hussain Gaffoor
CFO and Company Secretary
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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