Dividend Announcement &
The Board of Directors of our Company in their Meeting held on Tudesday January 31, 2017 at 0930 hours at FFC Head Office, Rawalpindi recommended the following:-
a. Cash Dividend
A final Cash Dividend for the year ended December 31, 2016 at Rs. 2.75 per share i.e. 27.50%. This is in addition to Interim Dividend already paid at Rs. 5.15 per share i.e. 51.50%.
b. Bonus Shares - NIL
c. Right Shares - NIL
d. Any other Entitlement / Corporate Action
The Board of Directors also proposed transfer of Rs 2,000 million from unappropriated profit to general reserve.
e. Any other price sensitive information - Nill
Annual General Meeting of the Company will be held on March 15, 2017.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on March 08, 2017. The Share Transfer Books of the Company will be closed from March 09, 2017 to March 15, 2017 (both days inclusive). Transfers received at the Central Depository Company of Pakistan limited, Share Registrar Department, CDC House 99-B, Block 'B', S.M.C.H.S Main Shahra-e-Faisal, Karachi – 74400 at the close of business on March 08, 2017 will be treated in time for the purpose of above entitlement to the transferees.