Karachi: Please be informed that in order to support capital structure of the Bank, Government of the Punjab, being majority shareholder, has deposited with the Bank an additional amount of Rs. 7.0 billion as “Advance Subscription Money” against future issue of shares in addition to Rs. 10.0 billion deposited in year 2009.
The formal process for issuance of shares will be initiated in due course of time. The information related to the issue will be communicated accordingly.
This information is being communicated in compliance with Listing Regulations, Chapter V, Clause 16, Sub-Clause (1).
For more information, contact:
Chief Financial Officer
The Bank of Punjab Limited
Head Office: BOP Tower,
10-B, Block E/II, Main Boulevard,
Gulberg III, Lahore,
Ph: + 92 42 35783843, 35783976
Fax: + 92 42 35783975