The Karachi Stock Exchange (Guarantee) Limited’s listing of rated, listed and secured term finance certificates (tfc2) of Karachi Electric Supply Company Limited
Karachi, August 08, 2012 (PPI-OT): The Karachi Stock Exchange (Guarantee) Limited (KSE) has approved the application for listing and quotation of Rated, Listed and Secured Term Finance Certificates (TFC2) of Rs.1,200 Million of Karachi Electric Company Limited on completion of formalities required under the Listing Regulations of the Exchange. It is therefore notified that:
1. Trading in the TFC2 of the Company will start on this Exchange from 13.08.2012. All transactions taking place in respect of the above TFCs on the Exchange’s Bonds Automated Trading System (BATS) shall be settled on T+1 settlement basis from the above date.
2. The TFCs of the Company have already been declared eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the NCCPL, which has assigned Security Symbol as “KESCTFC2” vide letter No. NCCPL/CS/176/12 dated August 8, 2012.
3. KASB Securities Limited has been appointed as the Market Maker for the Issue and will perform the role of Market Maker as disclosed under Clause No.2.21 of the Prospectus.
4. The Transfer Agent of the TFCs of the Company is THK Associates (Private) Limited, Ground Floor, State Life Building No.3, Dr. Ziauddin Ahmed Road, Karachi, Phone: 111-000-322, Fax: 35655595.
For more Information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Category: Stock Exchange Announcements