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Karachi: Cash Generation Activity of NBP Pakistan Growth ETF Successfully Concluded in accordance with section 96 of the Securities Act, 2015, and clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) regulation, the NBP Pakistan Growth ETF (NBPGETF) has successfully concluded its cash generation activity. This update follows the initial announcement made in a letter on July 01, 2024, detailing the intended financial maneuvers under the regulatory framework and Offering Document of NBPGETF.
According to information available from the Pakistan Stock Exchange (PSX), the conclusion of this activity marks a significant procedural completion for NBPGETF. Holders of the TRC Certificate at the Exchange have been instructed to be informed of this development, ensuring transparency and adherence to required formalities.
The completion of this cash generation activity is expected to reflect the ongoing financial strategies deployed by NBPGETF to enhance value for its investors.