DIVIDEND

– FAMCO shall obtain a copy of Corporate Distribution announcement after it has been sent to Stock Exchange and CDC. Based on book closure data, FAMCO shall extract a Dividend Entitlement Register. Dividends are distributed upon CLIENT’s approval.

RIGHT ISSUE

– FAMCO shall provide Work Plan and Responsibility Matrix for the Right Issue.

– Based on book closure data of physical & CDC shareholder FAMCO shall process Right Entitlement register.

– FAMCO shall print & dispatch Right Letters to physical shareholders & intimation letters for CDC shareholders.

– FAMCO shall maintain records as required under the Share Registrars and Balloters Regulation 2017. FAMCO will exchange undelivered Physical Right Certificates against paid Right Letters.

UNDELIVERED SHARE CERTIFICATES AT FAMCO

• FAMCO shall prepare list of undelivered share certificates analyzed as follows:

– Monthly transfer

– Transmission case

– Bonus

– Rights

– Un-exchanged merger certificates.

• FAMCO shall submit quarterly report to SECP.
• CDS OPERATIONS

– FAMCO shall perform all obligations, which are required to be performed by the Registrar under CDC Regulations, including;

– Establishing and maintaining links with CDC network via modem.

– Facilitating switch-over of the shares to CDS by shareholders desirous of going to CDS.

– Preparing emergency back-up of CDS when an Emergency is declared as per Regulation No. 3.6 of CDC Regulations.

– We shall liaise with the CDC as and when required.

• RECONCILIATION

– We shall carry out regular reconciliation of CDC account in the Company’s Register of Members with Company’s account in CDC.

• CDC AUDIT

– We shall lend ourselves for CDC audit and provide the auditors all relevant documents.

• RIGHTS ISSUE

– We shall process Right Issue as per relevant CDC Regulations.

• BONUS ISSUE

– Our IT systems and manual procedures are capable of catering for Bonus Issue to CDC account holders.

• COUNTER OPERATIONS

– We shall continue to deal with the non-CDS shareholders in the normal way and guide them regarding:

Lost shares and

Unpaid dividends

Transmission procedure and other issues