Unusual Movement in Price or Volume of Pace Pakistan Limited

General

Karachi, Pace Pakistan Limited informed Pakistan Stock Exchange that they are not aware of any reason/material information which may have resulted in unusual disclosed to the market through PUCARS.

Pace (Pakistan) Limited is a public limited Company. The object of the Company is to build, acquire, manage and sell condominiums, departmental stores, shopping plazas, super markets, utility stores, housing societies and to carry out commercial, industrial and other related activities in and out of Pakistan.

The total number of shares are 278,876,604. The Earnings per share is (1.43) in 2020 which was (3.33) in 2019. The Company had a loss of Rs. 397,879,000 in 2020 which was 929,252,000 in 2019.