Karachi: Soneri Bank Limited has declared a temporary suspension in the trading of its Term Finance Certificate [SNBLTFC3], following the announcement of the dates for book closure. The suspension will commence on May 22, 2025, and continue through June 06, 2025, with trading set to resume on June 09, 2025.

The bank has scheduled the book closure period from May 23, 2025, to June 06, 2025, for the purpose of the 13th profit payment associated with the TFC [SNBLTFC3]. This measure is intended to ensure the proper execution of the book closure process during the specified period.

According to information available from the Pakistan Stock Exchange (PSX), this suspension aligns with regulatory practices related to the book closure process. The designated market category for this transaction has been identified, ensuring transparency and adherence to market protocols.

The resumption of trading on June 09, 2025, will mark the end of the suspension period, allowing for the continuation of normal trading activities for the Term Finance Certificate.