United Bank Limited Announces Interim Distribution for UBL Special Savings Plan V

Karachi, United Bank Limited (UBL) has announced an interim distribution for UBL Special Savings Plan V, a part of UBL Special Savings Fund. The Chief Executive Officer, acting under the authority granted by the Board of Directors of UBL Fund Managers Limited, has approved the distribution.

The interim cash dividend for the period ended May 9, 2023, has been set at Re.0.4493 per unit, equivalent to 0.5% of the investment. This distribution aims to provide returns to the unit holders of UBL Special Savings Plan V.

To be eligible for the interim distribution, unit holders must have their names listed in the register of unit holders as of the close of business on May 9, 2023. The distribution amount will be credited to the accounts of the entitled unit holders.