MCB Bank : Free Float of Shares-31.12.2014-MCB Bank Limited
January 20, 2015 at 03:42 pm EST
Share
SE-100(5F)2015/02
January 13, 2015
London Stock Exchange
Dear Sir(s)
Sub: FREE FLOAT OF SHARES - MCB BANK LIMITED
In accordance with the Regulation No. 21(3) of the Listing Regulation, we provide hereunder Free Float of Shares of MCB Bank Limited as on December 31, 2014:
Total Outstanding Shares
1,113,030,748
Shares held by Directors/Sponsors *
76,674,255
Government Holdings as promoter/acquirer/controller
-
Shares held by Associated Companies (Cross holdings)
462,230,652
Shares held with general public in Physical Form
41,815,264
Others
102,061,690
(682,781,861)
Free Float
430,248,887
%age
38.6556%
Total Number of Shares available in CDS
995,243,664
Total Number of Shares available in Physical Form
117,787,084
* In pursuance of and in accordance with the express finding and determination of the Hon'ble Lahore High Court in Writ Petition 18612 of 2010; MCB vs Federation of Pakistan that the so- called "Sponsor" shares are not sponsor shares in law and hence, shall not be described as such. Accordingly, there is now a decrease of 252,730,472 shares in this head, which shares, in accordance with their ownership, have now been added to (i) the shareholding of associated companies under the head of "Shares held by Associated Companies (Cross Holdings)" and (ii) the shareholding of individuals under the head of "Others" respectively.
Yours truly
-Sd-
Fida Ali Mirza
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
MCB Bank Limited (the Bank) is a Pakistan-based banking company. The Bank's segments include Retail banking, which includes retail lending and deposits, banking services, cards and branchless banking; Corporate banking, which offers loans, deposits, project financing, trade financing, investment banking and other banking activities; Consumer Banking, which includes consumer financing activities and offers credit cards, auto loans, housing finance and personal loans to individual customers; Treasury, which offers fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives for hedging and market making, and International Banking, which offers loans, deposits, project financing, trade financing, investment banking and other banking activities by its overseas operations. The Bank operates approximately 1,431 branches within Pakistan and eight branches outside Pakistan. It operates in Pakistan, South Asia and Middle East.
MCB BANK LIMITED 
