Material Information of Arif Habib Limited

Karachi, Arif Habib Limited informed Pakistan Stock Exchange that pursuant to the Public Announcement of Offer made by Packages Limited (hereinafter referred to as the “Acquirer”) the Acquirer intends to acquire up to 6,438,598 ordinary shares representing approximately 16.59% of the total issued ordinary share capital of TRIPF subject to a minimum level of acceptance of 4,507,000 shares (11.62% of total ordinary share capital of TRIPF) as calculated in accordance with Securities Act, 2015 (the “Act”) and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017 (“Takeover Regulations”) .

Arif Habib Limited is a public listed company incorporated in Pakistan. It is a premier brokerage and financial services firm engaged in Equity Trading, Investment Banking, Money Market and Forex, Commodities Trading and Securities Research, and listed at Pakistan Stock Exchange.

Arif Habib Limited’s brokerage operations in Pakistan are assisting scores of Institutional, Corporate, and High Net Worth and Retail clients.

The principal activities of the Company are investments, share brokerage, inter-bank brokerage, Initial Public Offer (IPO) underwriting, advisory and consultancy services. The shares of the Company are quoted in Pakistan Stock Exchange, and the symbol “AHL” is used for the shares of the Company.

The total number of shares the company has issued are 59,400,000 where the Earnings Per Share in 2020 is 1.00 which was (0.95) in 2019. The Profit After Taxation has increased in 2020 and is 59,856,000 which was (62,461,000) in 2019.