Karachi, Century Paper & Board Mills Limited has successfully sold a fraction of its Bonus Shares through Sherman Securities (Private) Limited, a member of the Stock Exchange. The details of the transaction are as follows:

Settlement Date:

14-07-2023

Rate per Share (Rs.):

32.5200

Commission, Sales Tax, and CDC Charges:

32.57 (for 500 shares)

27.94 (for 416 shares)

Total:

Number of shares sold: 916

Net Amount (Rs.): 29,727.81

This transaction represents Century Paper & Board Mills Limited's proactive approach to managing fractional shares, ensuring the seamless distribution of entitlements to its shareholders. The involvement of Sherman Securities (Private) Limited as the member of the Stock Exchange underscores the company's commitment to working with reputable market participants.

The successful sale of the fractional bonus shares enables Century Paper & Board Mills Limited to efficiently address the division of shares and provide value to its shareholders. By engaging in such transactions, the company ensures fairness and transparency in the distribution of entitlements, further enhancing investor confidence.

Century Paper & Board Mills Limited continues to prioritize the responsible handling of fractional shares, recognizing their importance in maintaining equitable share distribution. The company's collaboration with Sherman Securities (Private) Limited showcases its dedication to working with trusted partners in the financial industry.

This transaction will contribute to the overall shareholder experience and demonstrates Century Paper & Board Mills Limited's commitment to efficient operations and the optimal utilization of its resources.