Disclosure of Material Information of Ghani Gases Limited

Karachi, Ghani Gases Limited informed Pakistan Stock Exchange that the board of directors of the Company in its meeting held on December 02, 2016 has decided to present the following resolutions for approval to the shareholders of the Company. Further, Rs. 450 million will be utilized for purchase of 25,000,000 ordinary shares of the Company an associated listed company, subject to require approvals. Ghani Gasses Limited was incorporated in Pakistan during November 2007 as a private limited company. During February 2008 the company was converted into a public limited company. In 2009 the company set up a plant near Lahore and in 2014 a plant near Port Qasim for manufacturing liquid industrial and medical gases. The company is ISO 9001: 2008 certified. The registered office of the company is located in Lahore. The company manufactures liquid oxygen, liquid nitrogen, liquid argon and calcium carbide which are used for industrial and commercial usage in oil and gas industry, live stock, automotive industry, health care industry, pharmaceuticals industry, steel and iron mills, food and beverages, chemical industries and many other related industries. The symbol “GGL” is being used by the stock exchange for the shares of Ghani Gases Limited.