Habib Bank Limited’s announcement of Disclosure under Section 4(1) of the Listed Companies (Substantial Acquisition of Voting Shares and Take-overs) Ordinance 2002 in respect of shares in New Jubilee Insurance Company Limited
Karachi: Pursuant to and in compliance with the provisions of section 4 of the Listed Companies (Substantial Acquisition of Voting Shares and Take-oven) Ordinance 2002, we hereby disclose that on 23rd of May 2011 Habib Bank Limited (HBL) acquired additional 4,362,096 ordinary shares of Rs.10 each of NJI.
As a result of the above-mentioned acquisition of 4,362,096 ordinary shares, Habib Bank Limited’s aggregate shareholding in NJI has increased to 14.05%.
For more information, contact:
Habib Bank Limited
Corp, Affairs Division 12th Floor,
I.I. Chundrigar Road,
Tel: +9221 2440991
Fax: +9221 2415623