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Karachi: Please be informed that, in accordance with the terms and conditions of the issue of Preference Shares of the Company, the 3rd semi-annual conversion date is due on April 07, 2012 towards offer for conversion of existing 53,561,035 preference shares into ordinary shares @1.2703 i.e. 1.2703 ordinary shares for every one preference share held.
In this connection, Share Transfer Books of the Company will remain closed from April 24, 2012 to April 30, 2012 (both days inclusive) in order to determine the entitlement of preference shareholders towards offer for conversion of Preference Shares into Ordinary Shares. Physical transfers / CDS Transaction IDs received in order at Share Registrar M/s. Vision Consulting Ltd. 3-C, LDA Flats, Lawrence Road, Lahore up to the close of business on April 23, 2012 will be considered in time for entitlement purpose.
Further, as required under the Listing Regulations of the Stock Exchanges, we are sending herewith a copy of the Notice for your record towards closure of Share Transfer Books of the Company in respect of Preference Shares which is being published in daily Newspapers.
Book Closure Notice in Respect of Conversion of Preference Shares (Non-Voting) into Ordinary Shares
All Preference Shareholders of Maple Leaf Cement Factory Limited (the “Company”) are hereby notified that the Share Transfer Books of the Company will remain closed from April 24, 2012 to April 30, 2012 (both days inclusive) in order to determine their entitlements towards offer for conversion of Preference Shares into Ordinary Shares @1.2703 i.e.1.2703 ordinary shares for every one preference share held, in accordance with the terms and conditions of the issue of preference shares, to those preference shareholders whose names will appear on the Members’ Register as on April 23, 2012.
Physical transfers/ CDS Transaction IDs received in order at Share Registrar M/s. Vision Consulting Ltd, 3C, LDA Flats, Lawrerence Road, Lahore up to the close of business on April 23, 2012 will be considered in time for entitlement purpose.
The preference shareholders are requested to immediately notify change in their addresses, if any, to our Share Registrar.
For more information, contact:
Muhammad Ashraf
Company Secretary
Maple Leaf Cement Factory Limited
42-Lawrence Road, Lahore (Pakistan)
Phones: 042-36278904-5
Fax: 92-42-36363184, 36368721
E-mail: mlcfl@kmlg.com