Engro Polymer and Chemicals Limited’s intimation under listing regulation no. 16(6) of the exchange
Karachi, August 01, 2013 (PPI-OT): Reference your letter dated July 24, 2013 regarding the delayed communication of shares transaction information.
The transaction concluded by the employee on July 10, 2013, was reported to us on July 24, 2013, and the same was immediately sent to you. We have informed the concerned employee about the delay in reporting, who has apologized for the delay.
Please note that we have been communicating the transactions as soon as we receive the same from the respective executives/ employees, in accordance with all applicable rules and regulations and have also communicated the requirement to notify us within 4 days of transacting in Shares/ Securities of the Company on quarterly basis, the most recent one attached.
Sale/ Purchase of Shares of Epolymer
It is required that every listed company shall determine a Closed Period prior to the announcement of interim/ final results and no director or employee with a basic salary of Rs. 1 million or more (per annum) of any Engro company, shall, directly or indirectly, deal in the shares of the company in any manner during the Closed Period.
As the quarterly Accounts of EPolymer will be reviewed by its Board on Monday, August 5, 2013, the period from Monday, July 29, 2013 to Monday, August 5, 2013 (both days inclusive) is hereby declared a Closed Period and none of you should deal in EPolymer shares in any manner, directly or indirectly, during such period.
All of you are also reminded to notify us within four days of any transactions in EPolymer shares (outside the Closed Period) in the revised format attached (including CNIC and date of submission).
For more information, contact:
Engro Polymer and Chemicals Limited
First Floor, Bahria Complex I,
24 M. T. Khan Road, Karachi 74000
UAN: 111 411 411
PABX: 35610610 – 35610743, 35610753,