To (System) :
Element Type : Participant, Account Holder, Clearing Member, Pledgee
Location : Islamabad, Karachi, Lahore
Status : Active, Suspended
To (Group) :
To (Element) :
Subject : Merger-Byco Terminals Pakistan Ltd & Byco Oil Pakistan Ltd with and into Byco Petroleum Pakistan Ltd
Attachments :
Priority : Normal
Message :

September 08, 2017

Dear CDS Element,

This is to inform you that the Merger of Byco Oil Pakistan Limited with and into Byco Petroleum Pakistan Limited has been completed in CDS on end of day of September 07, 2017.

The distribution of shares has made as per following SWAP ratio according to Scheme of Arrangement to shareholders who has opted for securities.

Transferor Company

Transferee Company

As of Position

SWAP ratio

Byco Oil Pakistan Limited

Byco Petroleum Pakistan Limited

May 02, 2017

1666.6666 BYCO shares for every 1000 shares of the BOPL.

Consequent to the Merger, securities of transferee company have been credited to respective accounts in CDS and securities of transferor companies i.e. Byco Oil Pakitan Limited and Byco Terminals Pakistan Limited have been de-listed from CDS.

Should you have any queries or concerns, please feel free to call our Customer Support Services at 0800-CDCPL (23275).

Regards,

Abdul Basit Kothari

Senior Manager Operations & Customer Support Services