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Friday, July 19th, 2019

Allied Bank Limited’s sell of shares of Hub Power Company

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Karachi: With reference to your letter No.KSE/C 1095-2451 dated March 26, 2012, ABL has entered into a Share Purchase Agreement with National Power International Holdings BV for purchase of 11,803,509 ordinary shares (around1%) of The Hub Power Company Limited (HUBCO) at the purchase price of PKR 31 per share, This purchase is subject to satisfaction of certain conditions precedents and regulatory approvals.

For more information, contact:
Muhammad Riffat
Company Secretary
Allied Bank Limited
8-Kashmir/Egerton Road,
Lahore, Pakistan.


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