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Karachi, January 28, 2013 (PPI-OT): Pursuant to the notice no. KSE/N-840 of The Karachi Stock Exchange Limited (KSE) and notice no. 306 of Lahore Stock Exchange Limited (“LSE”) dated January 23, 2013 suspending trading in the Ordinary Shares (Security Symbol: MSCL) of Metropolitan Steel Corporation Limited (“the Issuer”) with effect from January 24, 2013 owing to details committed by the issuer under Listing Regulation of both KSE and LSE, the Central Depository Company of Pakistan Limited has decided, pursuant to Regulation 5.3.1 of the CDC Regulations, to suspend the CDS Eligibility of ordinary shares of the Issuer with immediate effect.
Further, in view of Regulation 5.4.1 of the CDC Regulations, only following transactions shall be allowed during the suspension period.
(a) Transfer of Securities pertaining to settlement of pending market-based securities transactions through the Clearing Company in accordance with the Procedures;
(b) Valid Pledge Call Transactions;
(c) Valid Pledge Release Transactions;
(d) Valid Deposit Request Cancellation Transactions;
(e) Valid Deposit Rejection Transactions;
(f) Valid Withdrawal Request Cancellation Transactions;
(g) Valid Withdrawal Rejection Transactions;
(h) Valid Rights Subscription Request Transactions;
(i) Valid Cancellation Request Cancellation Transactions; and
(j) Crediting of Book-entry Securities made pursuant to Chapters 8AA, 8C, 8D sub-clause (e) to (h) of clause (i) of Regulations 8F.1 and Regulation 12.4.6.
Note:
CDS Participants are required to forthwith inform their relevant Sub-Account Holders regarding issuance of this notice.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk