Karachi, July 10, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on 09-07-2012 at 4.00 pm at Executive Suite No. 214, Second Floor, The Plaza Block 9, Clifton, Karachi, approved the following final distribution for the year ended June 30, 2012.
(i) Cash Dividend
An final Cash Dividend for the year ended Nil at Rs. Nil per share i.e. Nil%. This is in addition to Interim Dividend (s) already paid at Nil Rs Nil per share i.e. Nil%.
Bonus of Rs. 3.45814 per unit has been approved by the Board for the year ended June 30, 2012. An investor holding 100 units as at 30th June, 2012 will get 9.63544 units on the Ex-Bonus price of Rs. 35.8899 per unit, i.e. 9.6354% on the Ex-Bonus Price and 6.91629% on par value of Rs. 50 per unit.
This is in addition to the Interim dividend /Bonus Units’ paid in the proportion of Nil unit (s) for every Nil Units held i.e. Nil
(iii) Right Shares
The Board has recommended to issue Nil % Right Shares at par/at a discount/premium of Rs. Nil per share in proportion of Nil share (s) for every share (s), The entitlement of right shares being declared simultaneously will be /will not be applicable on Bonus Shares as declared above.
(iv) Any Other Entitlement/ Corporate Action
(v) Any Other Price-Sensitive Information
The above entitlement will be credited to the unit holders, whose names appeared in the register of the unit holders of Reliance Income Fund on 30th June, 2011.
For more information, Contact:
Waseem Ahmed Khan
CFO and Company Secretary
Reliance Investment Limited
Suit No: 214, 2nd Floor,
The Plaza, Block- 9,
PABX: (92 21) 35308504-05,