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Friday, September 17th, 2021

Pakgen Power Limited’s confirmation of credit/delivery/transfer of shares to respective applicants

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Karachi: In respect of the applications received for subscription in Pakgen Power Limited’s (PGPL) Offer for Sale, we hereby confirm the credit of shares in the respective account of applicant with CDC and dispatch of physical shares to Registrar of the Company (Central Depository Company of Pakistan Limited) for onward delivery to the bankers to the Offer for sale of Shares of Pakgen Power Limited.

A copy of confirmation letter No. CDC/RTA/PGPL/0021/11 dated July 15, 2011 Registrar of the Company (Central Depository Company of Pakistan Limited) is attached for your reference and record.

Also please find enclosed Notice in this respect for circulation amongst the members of the Exchange.

Pakgen Power Limited- Offer for Sale of 51,691,660 shares Credit of shares in CDS accounts and Issuance of physical shares

We are pleased to confirm you that credit of shares of Pakgen Power Limited into respective CDS accounts of Private Placement Investors, General Public and Underwrites has been executed in CDS.

The issuance of physical share certificates to respective subscribers is in process and this process will be concluded by today.

Dispatch/ Credit of Shares

We are pleased to announce that the shares of CDC accounts holders have been credited to their respective accounts in the Central Depository System. Members who have applied shares in scrip less from shall contact CDC for verification.

Physical Share Certificates along with transfer deeds are being sent to the main branches of the Bankers to the Issue by our Share Registrar (Central Depository Company of Pakistan Limited). Applicants who exercised for physical delivery may collect the same from the bank/branch through which they tendered their application. For the purpose of signature verification, transfer of shares etc, kindly contact the registrar of the Company at the following address:

For more information, contact:
Khalid Mahmood Chohan
Company Secretary
Pakgen Power Limited
1-B, Aziz Avenue, Canal Bank,
Gulberg V, Lahore.
Ph: + 92-42-35717159-63
Fax: + 92-42-35717239


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