Categories: Material Information

UNITY announces share transfer book closure dates for June

In a notification sent to PSX on 17/25/2024, Unity Foods Limited (UNITY) has announced the share transfer book closure dates from June 02-08, 2024 onwards.

All shareholders and others are informed that the share transfer tiooks of Unity Foods Limited will remain closed from June 02, 2024 to June 08, 2024 (both days inclusive). This book closure is being made in compliance with Regulation 9 of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017 to determine the eligibility of persons to receive offer letters in connection with the Public Announcement of Public Offer published on April 19, 2024 in “Business Recorder” and “Nawa-i-Waqt” newspapers, as amended vide the Corrigendum to the Public Announcement of Public Offer published in the same newspapers on April 27, 2024, through Arif Habib Limited, as manager to the offer, on behalf of (i) Wilmar Pakistan Holdings Pte.. Ltd., (ii) Unity Wilmar Agro (Private) Limited, (iii) Mr. Muhammad Farrukh, and (iv) Ms. Fehmida Amin, with respect to the acquisition of up to 277,070,908 shares (constituting 23.20% of the shareholding interest) and joint control of Unity Foods Limited.

UNITY shares were last trading at Rs. 26.55 today.

Aamir Hayat

Recent Posts

AGP Healthcare for a Better Tomorrow

AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…

1 hour ago

Why dividends cause share price drop if they’re paid from earnings?

When a dividend is paid, the share price drops by approximately the same amount because…

2 weeks ago

MUGHAL right shares – 3 things to know before subscribing

On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…

3 weeks ago

How to analyze pharmaceutical sector

How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…

4 weeks ago

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

1 month ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

3 months ago