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Al Meezan Investment Announces Interim Payout for MZNPETF Unitholders

Karachi, Al Meezan Investment Management Limited has declared an interim distribution of Rs. 1.00 per unit for the Meezan Pakistan Exchange Traded Fund (MZNPETF), equating to 10% of the par value of Rs. 10 per unit. This decision was taken by the Acting Chief Executive Officer, authorized by the company’s Board, and pertains to profits earned for the financial year ending June 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the register of unitholders for MZNPETF will be closed on June 28, 2024. Only unitholders recorded in the register at the end of business on June 27, 2024, will qualify for this interim distribution.

Additionally, unitholders are advised to update any changes in address with the registrar, M/s CDC Share Registrar Services Limited at CDC House, 99-B, Block ‘B, Main Shahrah-e-Faisal, Karachi-74400 by the same date. Notification has been issued to TRE Certificate Holders of the Exchange regarding this distribution.

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