1 Jun 2023 13:42
Secretary's Department
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SD/PSX/EOGM-2023/23
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01 June 2023
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The General Manager
Pakistan Stock Exchange LimitedStock Exchange Building
Stock Exchange Road
Karachi
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Dear Sir,
EXTRAORDINARY GENERAL MEETING (EOGM) OF THE
SHAREHOLDERS OF UBL TO INCREASE AUTHORIZED CAPITAL
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The Board of Directors of United Bank Limited (UBL) has recommended as under:
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1- To increase Authorized Shares Capital of the Bank from Rs.20,000,000,000 (Rupees Twenty Billion Only) divided into 2,000,000,000 (Two Billion) ordinary shares of Rs.10/- (Rupees Ten Only) to Rs.81,000,000,000 (Rupees Eighty-One Billion Only) divided into 8,100,000,000 (Eight Billion One Hundred Million) ordinary shares of Rs.10/- (Rupees Ten Only) each.
2- To amend relevant clauses of the Memorandum and Articles of Association of UBL.
3- To hold an Extraordinary General Meeting of UBL on Thursday 22 June 2023 at 10:00 a.m. at Islamabad to approve the aforementioned businesses.
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A disclosure form is attached herewith.
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The Share Transfer Books of UBL will remain closed from 16 June 2023 to 22 June 2023 (both days inclusive). Transfers received at the office of our Share Registrar, M/s. THK Associates (Pvt.) Limited, Plot No. 32-C, Jami Commercial Street-2 D.H.A. Phase-VII Karachi-75400 at the close of business on Thursday, 15 June 2023 will be treated in time in this regard.
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You may please inform the TRE Certificate Holders of the Exchange accordingly.
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Yours faithfully,
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Sd/-
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Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
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C.C to:
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1) London Stock Exchange, London UK.
2) The Commissioner, Enforcement & Monitoring Division, SECP, Islamabad.
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ANNEXURE - A
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DISCLOSURE FORM
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IN TERMS OF SECTIONS 96 AND 131 OF THE SECURITIES ACT, 2015
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Name of Company: | United Bank Limited |
Date of Report: | 01 June 2023 |
Registered Address of the Company: | 13th Floor, UBL Building, Blue Area, Islamabad. |
Contact information: | Aqeel Ahmed Nasir, Company Secretary & Chief Legal Counsel United Bank Limited. Telephone Numbers: 021-990332960 & 021-32400419 |
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 [ü] Disclosure of inside information by listed company in terms of section 15D.
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Public disclosure of price sensitive / inside information, which directly concerns the listed securities:
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The Board of Directors of United Bank Limited (UBL) has recommended:
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1- To increase Authorized Shares Capital of the Bank from Rs.20,000,000,000 (Rupees Twenty Billion Only) divided into 2,000,000,000 (Two Billion) ordinary shares of Rs.10/- (Rupees Ten Only) to Rs.81,000,000,000 (Rupees Eighty-One Billion Only) divided into 8,100,000,000 (Eight Billion One Hundred Million) ordinary shares of Rs.10/- (Rupees Ten Only) each.
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2- To amend Clause V of Memorandum of Association and relevant clause of Articles of Association accordingly.
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Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
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