The Karachi Stock Exchange Limited’s notice of removal of intention to suspend CDS eligibility of ordinary shares of Pervez Ahmed Securities Limited under the CDC regulations

Karachi, March 28, 2013 (PPI-OT): By our notice dated March 15, 2013 issued to Pervez Ahmed Securities Limited (hereinafter referred to as the “Issuer”) under regulation 5.3.2 of the Central Depository Company of Pakistan Limited Regulations(“the CDC regulations”), we showed our intention to suspend the Central Depository System Eligibility (“CDS Eligibility”) of Ordinary Shares (Security Symbol: PASL) of Issuer if the fee and charges are not paid buy the Issuer in accordance with the schedule of Fee and Deposits of the CDC Regulations (hereinafter referred to as the “Schedule”) detailed in our aforesaid notice within ten (10) business days from the date of such notice.

It is now notified that, as the Issuer has complied with regulation 5.3.2 by setting its outstanding dues in terms of Schedule, our notice dated March 15, 2013 shall stand removed effective immediately.

Further, as required under Regulation 5.3.2(b), a copy of this notice is being sent to the Stock Exchanges on which the Securities of the Issuer are listed.

For more information, contact:
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk