⚡ Flash Summary

Bank of Punjab (BOP) has announced a book closure for its BOP ADT-1 Capital TFC-2022 (Perpetual) with security symbol BOPTFC2, as per their notice to the Pakistan Stock Exchange (PSX). The book closure will be from December 17, 2025, to December 20, 2025, inclusive, with a profit payment due on December 20, 2025. Only TFC holders listed in the register by December 16, 2025, will be entitled to the profit payment. The bank requests TFC holders to update their bank account details (including IBANs) in their CDS accounts to ensure direct credit as per PSX regulations.

📌 Key Takeaways

• 📢 BOP announces book closure for BOP ADT-1 Capital TFC-2022 (Perpetual) “BOPTFC2”.
• 🗓️ Book closure period: December 17, 2025 to December 20, 2025 (inclusive).
• 💰 Profit payment due on December 20, 2025.
• 🏦 Eligibility determined by register as of December 16, 2025.
• 📄 TFC holders must be registered by the close of business on Tuesday, December 16, 2025.
• 🏦 Profit payments will be made via direct credit to IBANs.
• 🔄 TFC holders need to update their Bank Account details (including IBAN) in CDS accounts.
• 📧 Notify the Bank’s Registrar (Corplink) of any changes in address and relevant details.
• 🏢 Registrar contact: M/s. Corplink (Pvt.) Limited, Share Registrar, Wings Arcade, 1-K, Commercial, Model Town, Lahore.
• 📞 Contact Corplink at (+92 42) 35839182, 35916719 or shares@corplink.com.pk.
• 🌐 Corplink website: www.corplink.com.pk.
• 🗓️ Announcement date: December 05, 2025.
• 📣 Customers can file complaints via SBP’s ‘Sunwai’ service at https://sunwal.sbp.org.pk.

🎯 Investment Thesis

Given that the announcement is purely procedural, a HOLD recommendation is appropriate. While efficient profit distribution is important, it does not significantly alter the investment attractiveness of BOP. The investor should continue monitoring BOP’s financial performance and the overall economic environment to make informed decisions. The current announcement provides an orderly payment procedure for existing debt/TFC instruments. It is recommended to hold for the moment, as the details given in the announcement are purely procedural.