2.19REFUND OF MARGIN MONEY Investors who have bid lower than the Strike Price are not eligible for allotment of shares. Margin Money of the unsuccessful Bidders shall be refunded within three (3) working days of the close of the bidding period as required under clause 8.12 of Appendix 4 of the KSE and 8.11 of Appendix 4 of LSE Listing Regulations. 2.20UNDERWRITING After determination of the Strike Price the Joint Book Runners shall within two (2) working days of the closing of the bidding period enter into an underwriting agreement with the Issuer indicating the number of shares that Joint Book Runners would underwrite at the Strike Price and the underwriting Commission/Fee to be charged. 2.21PUBLICATION OF THE FINAL PROSPECTUS The underwriting agreement for the public portion of the Issue shall be finalized within ten (10) working days from the closing of bidding period. Upon finalization of the underwriting agreements, the Lead Managers shall, within ten (10) working days from the date of closing of the bidding period, submit an application to KSE and LSE for allocation of dates for publication of the final Prospectus and subscription of shares by the General Public. The final Prospectus in full or in abridged form must be published within seventeen (17) working days of the closing of the bidding period in the manner as specified in Section 53 of the Companies Ordinance, 1984. Public subscription for the shares shall be held at any date(s) within thirty days (30) of the publication of the final Prospectus but not earlier than seven (7) days of such publication. 2.22ADDRESSES OF BID COLLECTION CENTRES Bid Collection Centers have been established at Karachi, Lahore and Islamabad to collect the bids for the Book Building portion of the issue by the Company in order to provide convenient access to Bidders to participate in the bidding process. Addresses, detail of contact persons and fax numbers of the Bid Collection Centers are given in paragraph 2.5.
Page 22of 942.23STATEMENT BY ISSUER September 7, 2013 The Managing Director, Karachi Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi. The Managing Director, Lahore Stock Exchange Limited, Lahore Stock Exchange Building, 19, Khayaban-e-Aiwan-e-Iqbal, Lahore.On behalf of the Company, I confirm that all material information as required under the Companies Ordinance, 1984 and the Listing Regulations of the Karachi Stock Exchange Limited and Lahore Stock Exchange Limited have been disclosed in the Prospectus and that whatever stated in the Prospectus and the supporting documents is true and correct to the best of our knowledge and belief and that nothing has been concealed. For and on behalf of Engro Fertilizers Limited -sd- Ruhail Muhammad Chief Executive Officer
Page 23of 942.24STATEMENT BY LEAD MANAGERS August 1, 2013The Managing Director, Karachi Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi.
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