Board of Directors meeting in progress of PICIC Growth Fund

Karachi, PICIC Asset Management Company Limited informed Pakistan Stock Exchange that the board of Directors meeting of the company is in progress due to which company was unable to communicate the financial results on August 26, 2016. The results of the meeting shall be conveyed on the next working day i.e. on August 29, 2016.

PICIC Growth Fund is a closed-end equity scheme established under a Trust Deed executed between PICIC Asset Management Company Limited as the Management Company and Central Depository Company of Pakistan Limited as the Trustee. The principal business of the Fund is to invest in listed equity securities with an objective to generate capital growth. The fund is being managed by PICIC Asset Management Company Limited which is the Management Company. The fund is managed in accordance with the provisions of The Non-Banking Finance Companies Establishment and Regulation Rules, 2003, NBFC Rules, 2003. The certificates of the fund are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the fund is situated at Karachi.

The symbol “PGF” is being used by the stock exchanges for the shares of PICIC Growth Fund.

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