Karachi: A revised trading and settlement schedule for Dolmen City REIT has been announced, affecting Deliverable Future Contracts (DFC) for July, August, and September 2025. The changes are due to the book closure date set by the company, impacting previously notified schedules.
According to the newly announced schedule, the trading and settlement on a cum-benefit basis for Dolmen City REIT will proceed as follows: the July contract, which opened on April 28, 2025, will now close on July 21, 2025, with settlement occurring on July 23, 2025. Similarly, the August contract, opened on June 2, 2025, will also close on July 21, 2025, with settlement on July 23, 2025. The September contract, which began on June 30, 2025, follows the same closing and settlement dates.
For trades executed on an ex-benefit basis, the schedule outlines that the August contract (AUGB) will open on July 17, 2025, closing on August 29, 2025, with settlement on September 2, 2025. The September contract (SEPB) will also start on July 17, 2025, closing on September 26, 2025, with settlement on September 30, 2025.
The adjustments to the schedule come as a result of Dolmen City REIT's book closure, which necessitated a change from the previously scheduled last trading day for the DCR-JUL contract from July 25, 2025, to July 21, 2025. According to information available from the Pakistan Stock Exchange (PSX), these changes are crucial to accommodate the company's book closure procedures.
The Pakistan Stock Exchange has stated that if necessary, it reserves the right to alter the announced dates or adjust the duration of contracts. It has been highlighted that trades in the shares under AUGB and SEPB contracts will be conducted without entitlement to benefits, as they will be traded on an ex-benefit basis.
The overlapping period for the security has been designated as three trading days, from July 17, 2025, to July 21, 2025. These changes are part of the adjustments required to align with the designated market category and ensure compliance with the revised schedules.