KARACHI –In accordance with the Scheme of arrangement for the reconstruction of ICI Pakistan (“the Scheme”) and to implement the provisions of the Scheme, the Board of Directors of Akzo Nobel Pakistan Limited have allotted shares of Akzo Nobel Pakistan Limited in the manner determined under the Scheme, to the Qualifying Shareholders, says a press release.

Akzo Nobel Pakistan Limited is to be listed on the Karachi, Lahore and Islamabad stock exchanges and all necessary regulatory requirements have been completed and the Karachi, Lahore and Islamabad Stock Exchanges have been requested to commence the trading of shares of Akzo Nobel Pakistan Limited on all three stock exchanges.