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JS Bank Limited’s material information

Karachi: In accordance with Clause (xxxiii) of the Listing Regulation No. 37 under Code of Corporate Governance, we are pleased to convey the following information:

JS Bank Limited (JSBL) has entered into a share purchase agreement with Jahangir Siddiqui and Company Limited (the “JSCL”) in relation to the acquisition of 21,734,826 shares of JS Global Capital Limited held by JSCL against issuance of 157,802,346 new ordinary shares of JS Bank by way otherwise than right shares in favour of JSCL at a price of Rs. 7.14332508 per share i.e., at a discount of Rs. 2.85667492 per share as approved by the Securities and Exchange Commission of Pakistan.

For more information, contact:
Muhammad Yousuf Amanullah
Company Secretary
JS Bank Limited
Shaheen Commercial Complex,
Dr. Ziauddin Ahmed Road,
P.O. Box: 4847,
UAN: +92 21 111 JS BANK (572-265)
Phone: +92 21 322 725 65-80
Fax: +92 21 263 1803
Web: www.jsbank.com

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