2.56% shares of Meezan Bank sold by Noor Financial Investment Company

By MG News | July 19, 2018 at 11:58 AM GMT+05:00

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According to a notification to the Pakistan Stock Exchange by Meezan bank Ltd’s Company Secretary Muhammad Sohail Khan, dated July 18, 2018, Noor Financial Investment Company ha successfully consummated the divestment/sale of 27,230,000 ordinary shares in Meezan Bank.

The number of shares sold constitutes a total of 2.56% of the total issued and paid up capital of Meezan (Sale Share) and have been purchases by various foreign institution investors at a purchase price of PKR 74.30 per share.

PSX notification

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