The Karachi Stock Exchange Limited’s notice of revocation of cds eligibility of ordinary certificates of PICIC Energy Fund (Closed-End Scheme)
Karachi, July 03, 2013 (PPI-OT): This is to notify that consequent to conversion of PICIC Energy Fund (“PEF”) from a closed-end fund into an open-end scheme pursuant to the Trust Deed dated June 04, 2013, as approved by SECP vide letter no. SCD/PRDD/AMCW/PEF/567/2013 dated May 31, 2013, the CDS Eligibility of PEF as close-end fund had been revoked with effect from July 01, 2013.
As a result of aforesaid conversion, units of PICIC Energy Fund (“PEFO”) as open-end scheme have been credited into respective accounts and sub-accounts of unit holders in the ratio as specified in the said Trust Deed.
For more information, contact:
Aftab Ahmed Diwan
Officiating Chief Executive Officer
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136