Board Meeting in Progress of Pakistan Aluminium Beverage Cans Limited

Karachi, Pakistan Aluminium Beverage Cans Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on August 29, 2022 at Karachi to consider First Quarter Accounts for the period ended June 30, 2022 is in progress.

Pakistan Aluminium Beverage Cans Limited is a public unlisted company incorporated in Pakistan under the Companies Ordinance, 1984 (now the Companies Act, 2017), on December 4, 2014. Ashmore Mauritius PABC Limited, Mauritius (Parent Company) holds 51% (2019: 51%) shareholding of the Company. The principal activity of the Company is manufacturing and sale of Aluminium cans. The Company completed the installation, testing, commissioning of its manufacturing facility at Faisalabad Special Economic Zone in September, 2017 and commenced commercial operations.