Karachi, Jubilee General Insurance Limited, a renowned insurance company, announces a significant transaction involving one of its directors. Ava Ardeshir Cowasjee, a Non-Executive Director, executed a share purchase on July 14, 2023.

The details of the transaction are as follows:

Name of Person: Ava Ardeshir Cowasjee

Description: Non-Executive Director

Date: July 14, 2023

Nature: BUY

Number of Shares: 2,500

Rate: 28.43

Form of Share Certificates: CDC (Central Depository Company)

Market: Ready

This transaction showcases Ava Ardeshir Cowasjee's confidence and belief in the growth potential of Jubilee General Insurance Limited. As a director of the company, her decision to acquire additional shares highlights her positive outlook on the company's prospects.

The purchase of 2,500 shares at a rate of 28.43 demonstrates Ava Ardeshir Cowasjee's commitment to aligning her interests with that of the company and its stakeholders. It also signifies her belief in the long-term value and performance of Jubilee General Insurance Limited.

The transaction, while benefiting Ava Ardeshir Cowasjee's portfolio, also reinforces the company's position as a strong player in the insurance industry. The board of Jubilee General Insurance Limited welcomes and appreciates the continued support and confidence of its directors and shareholders as the company strives for growth and success in the market.