Soneri Bank Limited Temporarily Halts TFC Trading for Upcoming Profit Payment

Karachi, In an announcement to the Pakistan Stock Exchange, Soneri Bank Limited has confirmed a forthcoming book closure scheduled from December 13, 2023, to December 26, 2023. This closure is to facilitate the second profit payment for the bank's Term Finance Certificate [SNBLTFC4].

In accordance with this financial event, trading of the mentioned TFC will be suspended starting from December 12, 2023, until the end of the book closure on December 26, 2023. Trading activities are expected to restart on December 27, 2023. This suspension is in line with standard market practices during book closures for profit disbursements.

Market participants, investors, and other stakeholders are advised to make a note of these dates to adjust their trading strategies and activities appropriately. Soneri Bank Limited has undertaken measures to ensure that all concerned parties are aware of the temporary suspension and the resumption schedule that follows.