Karachi, February 26, 2013 (PPI-OT): Further to our letter dated 22 February 2013 we advise you that he share transfer books of the Company will remain closed from Friday 15 March 2013 to Thursday 21 March 2013 (both days inclusive) for the purpose of entitlement of the Right shares @ 25% at a premium of Rs.10/- per share.
Only those person will be entitled for the Right shares whose names appear in the Members Register at the close of business on Thursday 14 March 2013. Transfer received in order at the office of the Shares Registrar of the Company, M/s FAMCO Associates (Private) Limited, State Life Building No.1-A, 1st Floor, I. I. Chundrigar Road, Karachi up to the close of business on Thursday 14 March 2013 will be treated in time for entitlement of right shares.
We also enclose herewith notice for issuance of Right shares and closure of share transfer books to be published in newspaper for your information.
Announcement of Issuance of 25% Right Shares and Notice of Closure of Share Transfer Books
The Board of Directors of Century Paper and Board Mills Limited in its meeting held on Friday 22 February 2013, has decided to offer 25% Right Shares to the member (ordinary shareholders) of the Company in the proportion of 1 (one) Right Share for every 4 (four) Ordinary Shares held at a subscription prince of Rs. 20 per share (including a premium of Rs. 10 per share).
In order to determine the entitlement of Right Shares, the Share Transfer Books of the Company shall remain closed from 15 March 2013 to 21 March 2013 (both days inclusive). Only those persons will be entitled for Right Shares whose names appear in the Members Register at the close of business on 14 March 2013.
Transfer received in order by the Shares Registrar of the Company M/s. FAMCO Associates (Private) Limited, State Life Building No. 1-A, 1st Floor, I. I. Chundrigar Road, Karachi upto the close of business on 14 March 2013 will be treated in time for the entitlement of Right Shares.
The members (ordinary shareholders) are requested to promptly notify the Company’s Shares Registrar of any change in their addresses to ensure dispatch of Letters of rights to them at the correct address.
For more information, contact:
Century Paper and Board Mills Limited
Lakson Square, Bldg. No .2,
Sarwar Shaheed Road,
Karachi –74200, Pakistan.
Tel: 3689 8000
Fax: 92-21-3568 6571 and 3568 3410,