Shareholding of DH Fertilisers in Hubco increases

Substantial Acquisition of Voting Shares and Take-over

September 12, 2012: The aggregate shareholding of DH Fertilisers Limited in the Hub Power Company Limited (Hubco) has increased to 10.12 percent. “DH Fertilisers Limited has bought 4,787,500 ordinary shares of the Hubco in addition to 112,260,000 ordinary shares already held”, an information sent to Karachi Stock Exchange on Tuesday said.

As per the Listed Companies (Substantial Acquisition of Voting Shares and Take-over) Regulations, 2008 acquisition of shares in excess of 10 percent of the voting shares in the listed company needs to be disclosed in that company to the said company and to the stock exchanges.

 

 

Courtesy:  BR

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