Karachi, May 22, 2012 (PPI-OT): This is to inform you that an urgent meeting of the Board of Directors of Jahangir Siddiqui & Company Limited (JSCL) (the “Company”) will be held on Friday, May 25, 2012 at 04:30 p.m. at 6th Floor, Faysal House, Shahra-e- Faisal Karachi to consider the Report of independent professional firm on Swap Ratio for issue of shares of JS Batik Limited to the Company in exchange for disposal of the Company’s shareholding in JS Investments Limited to JS Bank Limited and other allied business.
The Company has declared the “Closed Period” from May 22, 2012 to May 25, 2012 as required under Clause (xxiii) of the Code of Corporate Governance contained in the Listing Regulation No. 35 of the Exchange. Accordingly, no Director, CEO or Executive shall, directly / indirectly, deal in the shares of the Company in any manner during the Closed Period.
For more information, Contact:
Jahangir Siddiqui & Company Limited
6th Floor, Faysal House, Shahrah-e-Faisal
UAN: +92 21 111 574 111
Dir: +92 21 3279 9556
Fax: +92 21 3280 0090