Hub Power : Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
November 30, 2022 at 05:42 am EST
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The Hub Power Company Ltd
9th Floor Ocean Tower
T +92 21 3587 4677-86
Block-9, Main Clifton Road
+92 21 3583 9018
Karachi Pakistan
F +92 21 3587 0397
PSX-8080
November 30, 2022
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building, Stock Exchange Road
Karachi.
Dear Sir,
Disclosure of Shares Transaction under Regulation No.5.6.1(d) of the PSX Rule Book
Pursuant to Regulation 5.6.1(d) of the PSX Rule Book, we would like to inform you that Mr. Saad Iqbal, Director of the Company has informed us that he has purchased shares of the Company. The details of the transaction are as follows:
Date
Number of
Ave. rate per
Form of share
Nature of transaction
Shares
share
certificate
28-11-2022
20,000
Rs. 63.9975
Electronic (CDC)
Purchased through Stock
Market
28-11-2022
9,878
Rs. 64.50
Electronic (CDC)
Purchased through Stock
Market
We confirm that the said transaction(s) will be presented in the subsequent board meeting including duly highlighting the non-compliance (s), if any, for their consideration as required under regulation 5.6.1(d) of PSX regulations and confirm the same to the Exchange.
We further confirm that holding period for the transaction(s) is over six (06) months and in case it is within six (06) months, the cheque equivalent to the profit shall be deposited with SECP as required under Section 105 of the Securities Act, 2015 under intimation to PSX.
You may please inform your members accordingly. Thank you.
Yours sincerely,
Faiza Kapadia Raffay
Company Secretary
Cc: Director/HOD Surveillance, Supervision and Enforcement Department SECP, Islamabad
hubpower.com
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Hub Power Company Limited published this content on 30 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 10:40:06 UTC.
The Hub Power Company Limited is a Pakistan-based independent power producer. The principal activities of the Company are to develop, own, operate and maintain power stations. The Company has installed power generation capacity of 3,581 megawatt (MW). Its fired thermal power plant situated at Mouza Kund, Hub in Balochistan. Its Narowal Plant is a fired, engine-based, combined cycle power station, located at Mouza Poong, Narowal in Punjab. The Company operates in three segments: power generation business, which includes the Hub plant, Narowal plant & Laraib plant; operations and maintenance business and investments in CPHGC, TEL, TNPTL, SECMC and Prime. The Company holds interest in Laraib Energy Limited, which is a run-of-the river 84MW hydel power plant near the New Bong Escape, 8 km downstream of Mangla Dam in Azad Jammu and Kashmir. The Company's subsidiaries include Hub Power Services Limited, Hub Power Holdings Limited, Narowal Energy Limited and Thar Energy Limited.
Hub Power : Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
THE HUB POWER COMPANY LIMITED 
