Gillette Pakistan Limited’s material information
Karachi, February 20, 2013 (PPI-OT): Mr. Salim Adaya has informed us of his agreement to sell his shareholding to Series Acquisition B.V. at a price of PKR 90 per share subject to the conditions agreed between the parties.
The selling shareholder has requested Gillette Pakistan Limited (GLPL) to extend cooperation to the purchaser in this regard.
Please note that Gillette Pakistan Limited has not been involved in any discussion with the potential purchaser.
This letter is being issued in compliance with the Listing Regulations of Stock Exchanges.
For more information, contact:
Muhammad Noor-e-Arshi Khan
CFO and Company Secretary
Gillette Pakistan Limited
11th Floor, the Harbour Front, Dolmen City,
HC-3, Block 4, Marine Drive, Clifton,
UAN: +92 21 111 000 764
Tel No: +92 21 3520 5088-89
Fax No: +92 21 3529 6150