1 Jun 2023 13:42
Secretary's Department
SD/PSX/EOGM-2023/23
01 June 2023
The General Manager
Pakistan Stock Exchange LimitedStock Exchange Building
Stock Exchange Road
Karachi
Dear Sir,
EXTRAORDINARY GENERAL MEETING (EOGM) OF THE
SHAREHOLDERS OF UBL TO INCREASE AUTHORIZED CAPITAL
The Board of Directors of United Bank Limited (UBL) has recommended as under:
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.
A disclosure form is attached herewith.
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.
You may please inform the TRE Certificate Holders of the Exchange accordingly.
Yours faithfully,
Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
C.C to:
1) London Stock Exchange, London UK.
2) The Commissioner, Enforcement & Monitoring Division, SECP, Islamabad.
ANNEXURE - A
DISCLOSURE FORM
IN TERMS OF SECTIONS 96 AND 131 OF THE SECURITIES ACT, 2015
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 |
[ü] Disclosure of inside information by listed company in terms of section 15D.
Public disclosure of price sensitive / inside information, which directly concerns the listed securities:
The Board of Directors of United Bank Limited (UBL) has recommended:
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 Clause V of Memorandum of Association and relevant clause of Articles of Association accordingly.
Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
Utd.bk (regs) (UBLS)