Commencement of Trading in Unpaid Rights for Stylers International Limited at PSX

Stock Exchange Announcements

Karachi: Trading in the Unpaid Rights of Stylers International Limited is set to begin on Thursday, July 11, 2024, following approval by the Pakistan Stock Exchange Limited (PSX). This development is a key step in the issuance of Right Shares as outlined in PSX Notice No. PSX/N-628, dated July 4, 2024.

The Unpaid Rights have been designated as eligible securities by the Central Depository Company of Pakistan Limited (CDC), ensuring their readiness for transactional activities. According to information available from the Pakistan Stock Exchange (PSX), all transactions concerning these rights will be processed through the National Clearing Company of Pakistan Limited (NCCPL), which has assigned the security symbol "STYLERSR" to the company.

The scheduled settlement date for these transactions has been set for Monday, July 15, 2024. This arrangement aims to facilitate a smooth operation for market participants engaging in this new trading opportunity.