Secretary's
Department
SD/UNBL/UBL-BG/PSX/24
05
July 2024
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building,
Stock Exchange Road,
Karachi.
Dear Sir,
MATERIAL INFORMATION -
SALE OF UNITED BANK LIMITED's (UBL)
SHAREHOLDING IN UNITED
NATIONAL BANK LIMITED (UNBL), UK
This is further to our earlier
letter no. SD/BOD-245/PSX/UNBL&EC/23 dated 12 September 2023
and in accordance with Section 96 and 131 of the Securities Act
2015 and Clause 5.6.1 of the PSX Rule Book.
We are pleased to convey that the
transaction for the sale of UBL's shareholding in UNBL, after
obtaining all the regulatory approvals, has been
concluded.
A disclosure form as required under
SRO 143/(1)/20212 dated December 05, 2012 read with Section 96 and
131 of the Securities Act, 2015 is enclosed as Annexure
"A".
You may please inform the TRE
Certificate Holders of the Exchange accordingly.
Yours faithfully,
Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
Copy to:
1. The
Director,
Surveillance, Supervision &
Enforcement Department
Securities and Exchange Commission
of Pakistan
NIC Building, 63-Jinnah Avenue, Blue
Area Islamabad
2. London Stock
Exchange
"ANNEXURE - A"
DISCLOSURE FORM
IN TERMS OF SECTIONS 96 AND 131 OF THE
SECURITIES ACT, 2015
Name of Company:
|
United Bank Limited
|
Date of Report:
|
05 July 2024
|
Registered Address of the
Company:
|
13th Floor, UBL Building,
Blue Area, Islamabad.
|
Contact information:
|
Aqeel Ahmed Nasir,
Company Secretary & Chief Legal
Counsel United Bank Limited.
Telephone Number:
021-990332960/
021-32400419
|
[a] Disclosure of inside information by
listed company in terms of section 15D
Public disclosure of price sensitive / inside information,
which directly concerns the listed securities.
"The transaction for the sale of
United Bank Limited's (UBL) shareholding in United National Bank
Limited as approved by the shareholders' of UBL in 65th
Annual General Meeting of UBL held on 18 March 2024, after
obtaining all the regulatory approvals, has been
concluded.
Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel