The Karachi Stock Exchange (Guarantee) Limited’s Atlas Fund of Funds Weekly Report on Details of Own Certificates Repurchased for the period: May 23, 2011 to May 27, 2011
Karachi: This is in continuation of our earlier correspondence with you on the subject of repurchase of own certificates by Atlas Fund of Funds (ATFF), in accordance with the procedure prescribed under Circular No. 14 of 2009 issued by the Securities and Exchange Commission of the Pakistan (the Commission), dated May 4, 2009.
As requested under Clause 3 (v) of the above mentioned Circular, the details of own certificates repurchased by the Atlas Fund of Funds during the week from May 23, 2011 to May 27, 2011 both days inclusive, are appended as Annexure A enclosed.
Atlas Fund Of Funds
Details of Repurchase of Certificates
For the week May 23, 2011 to May 27, 2011
| Date | Scrip | Maximum No. of Certificates
authorized to repurchase |
Purchase
price per certificate |
Number of
certificates re- purchased |
Total Purchase Price-Rupees n | Net Assets- Rupees |
| 23-May-11 | ATFF | 4,000,000 | – | – | – | 450,112,387 |
| 24-May-11 | ATFF | – | – | – | 452,376,988 | |
| 25-May-11 | ATFF | 6.60 | 50,000 | 330,000 | 453,494,517 | |
| 26-May-11 | ATFF | 6.50 | 149,000 | 968,500 | 455,154,412 | |
| 27-May-11 | ATFF | – | – | – | 455,634,462 | |
| 4,000,000 | 199,000 | 1,298,500 | ||||
For more information, contact:
Karachi Stock Exchange
Tel: +9221 111-001122
Fax: +9221 3241 0825, +9221 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk