19th Dec 2017 07:00
LCK/CS/2017-18/ December 18, 2017
The General Manager Pakistan Stock Exchange Limited Karachi | The Deputy Chief Securities & Exchange Commission of Pakistan Islamabad | The London Stock Exchange 10 Paternoster Square, London |
Dear Sir(s)
MATERIAL INFORMATION
In accordance with Section 15D of the Securities and Exchange Ordinance, 1969 and Clause (xx) of the Code of Corporate Governance 2012; we hereby would like to convey the following information:
"Construction and installation work for Brownfield Expansion for the additional Line of 1.30 million tons per annum at Karachi Plant has been successfully completed as per the given Project completion timelines. The new line was made operational with commencement of Clinker production on December 12, 2017. With the addition of this New Line in Karachi for 1.30 million tons and certain efficiency improvements brought about recently in the other 2 production lines in the North Plant for another 0.30 million tons the total production capacity of the Company has now increased from previous 7.75 million tons to 9.35 million tons per annum".
A disclosure form as required under S.R.O. 143(1)/2012 read with Section 15D of the Securities and Exchange Ordinance, 1969 is enclosed herewith.
You may please inform members of the Exchange accordingly.
Yours truly,
For: LUCKY CEMENT LIMITED
IRFAN CHAWALA
Director Finance/CFO
DISCLOSURE FORM
IN TERMS OF SECTION 15D OF THE SECURITIES AND EXCHANGE ORDINANCE, 1969
Name of Company: | LUCKY CEMENT LIMITED |
Date of Report |
December 18, 2017 |
Name of Company as specified In the Memorandum |
Lucky Cement Limited |
Company Registered Office |
Pezu, District Lakki Marwat, Khyber Pakhtunkhwa |
Contact information |
Tel: 111 786 555 Ext. 2261 |
Disclosure of inside information by listed company in terms of section 15D(1)
"Construction and installation work for Brownfield Expansion for the additional Line of 1.30 million tons per annum at Karachi Plant has been successfully completed as per the given Project completion timelines. The new line was made operational with commencement of Clinker production on December 12, 2017. With the addition of this New Line in Karachi for 1.30 million tons and certain efficiency improvements brought about recently in the other 2 production lines in the North Plant for another 0.30 million tons the total production capacity of the Company has now increased from previous 7.75 million tons to 9.35 million tons per annum".
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Ordinance, 1969(XVII of 1969), the Company has duly caused this form/statement to be signed on its behalf by the undersigned hereunto duly authorized.
For and on behalf of
LUCKY CEMENT LIMITED
IRFAN CHAWALA
Director Finance/CFO
December 18, 2017
Related Shares:
Lucky Cem. S