Schedule III

Disclosure under section 110 (1) of the Act

[Regulation 4 (2)]

November 14, 2022

  1. The Managing Director, Pakistan Stock Exchange
  2. The Chief Executive, Bank Islami Pakistan Limited (Target Company)
  3. Securities and Exchange Commission of Pakistan

Subject: Disclosure pursuant to section 110 (1) of the Securities Act, 2015

Part A

It is notified pursuant to Section 110 of the Securities Act, 2015 that we, Mr. Ahmed Goolam Mohamed Randeree and Mr. Shabir Ahmed Randeree have collectively acquired on November 11, 2022, 57,883,190 voting shares of BankIslami Pakistan Limited at the rate of Rs. 13.24/- per share. On account of this acquisition, our collective total shareholding in the company is 215,930,466 shares which represents 19.47% of the total issued voting shares of the company, as our previous collective holding in the company was 158,047, 276 shares.

Part B

Particulars of the Acquirer

i)

Name and registered address of the

Shabir Ahmed

Ahmed

Goolam

acquirers

Randeree

Mohamed Randeree

37 Carlton Hill Street ,

10th Tenniel Close,

John's Wood London,

Bayswater, London,

NW8 OJX, UK

W2 3LE

ii)

CNIC number(s) or Passport or NICOP

124495425

508818122

number

Part C

Particulars of persons acting in concert (vide section 108 (b) of the Act)

i)

Name and registered address of the

Ahmed

Goolam

Shabir Ahmed

person acting in concert

Mohamed Randeree

Randeree

10th Tenniel

Close,

37 Carlton Hill

Bayswater,

London,

Street , John's

W2 3LE

Wood London,

NW8 OJX, UK

ii)

CNIC number(s) or Passport or NICOP

508818122

124495425

number

iii)

Number of shares held by the person

87,965,233

127,965,233

acting in concert

Part D

Detail, if the Acquirer has representation on the board of directors of the target company

i)

Name and address of nominee director, who represents

N/A

the acquirer /person acting in concert

ii)

Passport Number

N/A

Signature : ________________

Name : Shabir Ahmed Randeree

Signature : ________________

Name : Ahmed Goolam Mohamed Randeree

Date : November 14, 2022

.

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Bank Islami Pakistan Ltd. published this content on 14 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2022 11:01:03 UTC.