Karachi: Bank AL Habib Limited has announced the book closure for its TIER-2 Term Finance Certificates (TFC) 2022, identified by the security symbol "BAHLTFC10". The fifth profit payment and redemption for these certificates are scheduled for June 23, 2025. The company's transfer books for this TFC will remain closed from June 11, 2025, to June 22, 2025, inclusive of both dates.

Holders of the TFCs whose names are on the Register of TFC holders as of the close of business on June 10, 2025, will be eligible for the profit payment and redemption. This announcement is in line with the requirements set out in Sub-Clause (i) of Clause 5C.8 of the PSX Regulations issued by the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), the bank is obligated to process the payments through direct credit into the respective International Bank Account Numbers (IBANs) of the TFC holders. Consequently, all holders are advised to ensure their bank account details, including IBAN, are updated in their respective Central Depository System (CDS) accounts. Any changes regarding addresses or other relevant information such as tax status (filer/non-filer/exempted) should be promptly communicated to the Bank’s Registrar.

The bank has arranged for this notice to be published in Business Recorder and Nawa-i-Waqt on May 27, 2025, as part of its compliance with the designated market category requirements and to ensure all stakeholders are adequately informed.