Karachi, The Hub Power Company Limited has issued a notice in compliance with Regulation No. 12.1.1, 12.2.1, and 12.4.1 of the CDC Regulations, providing important updates regarding its Sukuk Certificates 3rd Issue.

The company has announced the closure of Sukuk Transfer Books from August 15, 2023, to August 21, 2023 (both days inclusive). During this period, all transfer activities related to the Sukuk Certificates will be suspended to facilitate necessary corporate actions.

As part of the regulatory requirements, the company will be sending out a Notice of Annual/Extraordinary General Meeting/ARM (including Accounts) to its shareholders. The specific dates for the meeting are yet to be disclosed (Not Applicable).

Additionally, the company has informed shareholders that the Board of Directors will recommend entitlements as per Regulation No. 12.4.1. The details of these entitlements are currently not available (Not Applicable).

Moreover, the notice includes a request for account holders and sub-account holders to provide their registration details in accordance with the provisions of the Central Depositories Act, 1997, and the CDC Regulations. This ensures smooth and accurate allotment of bonus securities, although the proposed date for allotment has not been specified (Not Applicable).

The updates aim to keep investors informed about the corporate actions and regulatory compliance measures undertaken by The Hub Power Company Limited, enhancing transparency and accountability in the financial market.

Shareholders and investors are advised to be aware of the specified dates and comply with the registration requirements to ensure a seamless and hassle-free process during the closure of Sukuk Transfer Books and the upcoming corporate actions.