United Bank : Credit of First Interim Cash Dividend (D-57)
May 09, 2024 at 10:59 am IST
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Disbursement of First Interim Cash Dividend (D-57) for the Year 2024
We are pleased to inform our Valued shareholders that the First Interim Cash Dividend@ Rs.11/- per share i.e. 110% for the year 2024 as declared by the Board of Directors of United Bank Limited in its meeting held on 17 April 2024 has been credited directly into the respective bank accounts designated by the entitled shareholders.
The Bank has withheld the above mentioned First Interim Cash Dividend (D-57) of those shareholders who have not yet provided copies of their valid ComputerizedNationalIdentityCards (CNIC)/Passport Numbers as well as complete and valid details of designated bank accounts (IBAN) for direct credit of cash dividend in terms of Regulation No.06 of the Companies (Distribution of Dividends) Regulations, 2017 read with Section 242 (3) of the Companies Act, 2017.
The Shareholders are informed that Central Depository Company of Pakistan Ltd (CDC) has developed eService web portal which provides details pertaining to cash dividends paid, Zakat/Tax deducted and unpaid or withheld dividend by listed companies. The Centralized Cash Dividend Register (CCDR) also helps to maintain history of dividends paid to shareholders by listed companies. The web portal facilitates shareholders of listed companies in retrieving details of cash dividends from centralized register and uses the same for their record purpose.
The shareholders may get and access to CCDR via https://csp.cdcaccess.com.pk. The Shareholders are therefore requested to register themselves to the eService facility of CDC through above mentioned eService portal to avail the said facilities.
The Shareholders who have not yet provided copies of their valid CNICs and designated bank account details (IBAN) are again requested to provide such information. In case of book-entry securities, in Central Depository System (CDS), the said information should be provided/updated to CDS Participations, and in case of physical securities, to Share Registrar and Transfer Agent of the Bank, at below mentioned address:
M/s. THK Associates (Pvt.) Limited, Share Registrar of United Bank Limited, Plot No. 32-C, Jami Commercial Street - 2, D.H.A. Phase - VII, Karachi UAN: (021) 111-000-322, Fax No. 021-35310190 Email: sfc@thk.com.pk.
In case of non-receipt of above dividend, the shareholder(s) may contact our Share Registrar at the above mentioned address through written request containing his/her Folio/CDC Account Number.
Sd/-
Karachi
Aqeel Ahmed Nasir
Company Secretary &
May 10, 2024
Chief Legal Counsel
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United Bank Ltd. published this content on
09 May 2024 and is solely responsible for the information contained therein. Distributed by
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09 May 2024 05:28:03 UTC.
United Bank Limited (the Bank) is engaged in commercial banking and related services. Its segments include Corporate / Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate/Commercial Banking segment include project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment include fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives. The Branch Banking include deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents Islamic Banking branches and Islamic banking windows in the conventional branches of the Bank. The International Branch segment represents Bank's operations in overseas locations including one branch each in export processing zones in Karachi and Sialkot.