Resignation of Director of Gillette Pakistan Limited

Karachi, Gillette Pakistan Limited informed Pakistan Stock Exchange that Mr. Abdullah Saleh has ceased from the Directorship of the Company with immediate effect.

The Company was incorporated as a public limited company on December 09, 1986 and is a subsidiary of Series Acquisition B.V., Netherlands, which is a wholly owned subsidiary of P&G, USA. The parent company holds 91.4% of the issued share capital of the Company while rest of the share capital is held by other individuals and corporate.

The principal activities of the Company include marketing and selling of blades and razors.

Gillette Pakistan Limited Company is listed on Pakistan Stock Exchange Limited. The total number of shares of the Company are 31,872,000. Its Earnings per shares is 11.57 in 2020 which was 8.56 in 2019. Their Profit after Taxation is 222,124,000 in 2020 which was 164,393,000 in 2019.