AHL receives applications of 202.58mn shares against offer to acquire HUMNL’s 332mn shares

MG News | February 23, 2022 at 11:38 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 23, 2022 (MLN): With reference to the public announcement of the offer by Mr Duraid Qureshi (Acquirer) to acquire 332.14 million ordinary shares of Hum Network Limited (HUMNL), Arif Habib Limited (PSX: AHL), as a manager to the offer has received applications for a total of 202.58mn shares.

Therefore, as defined in the offer letter dispatched to the shareholders of HUMNL, AHL has accepted all shares from such shareholders who tendered the shares.

AHL also notified that consideration for the shares accepted will be dispatched to the shareholders' respective addresses latest by March 02, 2022.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	184,050.10 472.43M	2.08% 3748.40
ALLSHR	110,789.83 917.40M	1.70% 1851.00
KSE30	54,944.21 207.72M	2.29% 1228.18
KMI30	260,634.87 119.12M	1.29% 3307.40
KMIALLSHR	71,378.23 501.29M	0.84% 594.03
BKTi	51,624.46 128.24M	6.08% 2958.41
OGTi	36,942.77 7.95M	0.12% 44.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,295.00	60,705.00 57,850.00	1395.00 2.37%
BRENT CRUDE	71.17	73.53 71.03	-1.78 -2.44%
RICHARDS BAY COAL MONTHLY	107.50	107.50 107.50	0.00 0.00%
ROTTERDAM COAL MONTHLY	119.25	122.00 119.25	0.15 0.13%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	68.09	70.19 67.92	-1.41 -2.03%
SUGAR #11 WORLD	14.96	15.25 14.84	0.14 0.94%