Karachi, August 02, 2012 (PPI-OT): In accordance with the Regulation No. 21 (3) of the Listing Regulations, we provide the Free-Float of Shares of our Company as on June 30, 2012 hereunder.
Total Outstanding Shares | 4,000,000 | |
Less: Shares held by Directors/Sponsors (Physical) | 175,000 | |
Shares held by Directors/Sponsors (CDC) | 2,200,000 | |
Government Holdings as promoter/acquirer/controller | – | |
Shares held by Associated Companies (Cross Holdings) | – | |
Shares held with General Public in Physical Form | 578,700 | 2,954,200 |
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Free-Float: | 1,045,800 | |
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Total number of shares available in CDS | 3,245,800 | |
Total number of shares in Physical form | 764,200 |
Notes:
1. Under no circumstances, Free-Float of a scrip shall exceed its book entry shares, available in the Central Depository System.
2. Share holdings held by investors that would not in the normal course come into the market for trading shall be treated as Controlling/ Strategic Holdings and shall not be included in the Free-Float. The following categories shall be excluded in determination of Free-Float.
Holdings by promoters/ directors/ acquirers which has contract element.
Holdings by persons/ bodies with “Controlling Interest”
Government holdings as promoter/ acquirer.
Equity held by associated /group companies (cross-holdings).
Shares that could not be sold in the open market, in normal course.
For more information, contact:
Safa Textiles Limited
20 Sasi Town House, Civil Lines,
Abdullah Haroon Road, Karachi, Pakistan
Tel: (+92) 21-35653261-3
Fax: (+92) 21-35215103
Email: safatx@cyber.net.pk