Habib Bank Executive Completes Series of Share Transactions

Karachi: Ms. Fouzia Jabeen Janjua, General Manager and Executive at Habib Bank Limited, conducted multiple share transactions on July 8, 2024, as revealed in the latest filings with the Pakistan Stock Exchange.

Ms. Janjua sold a total of 5,000 shares through five separate transactions with prices ranging from Rs. 139.95 to Rs. 145.00 each. All transactions were executed in the "Ready" market category and the shares were held in the Central Depository Company (CDC) form.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are set to be reviewed in the next board meeting to ensure they adhere to the regulatory standards outlined under clause No. 5.6.1.(d) of PSX Regulations. The bank also confirmed that if the holding period for these transactions was less than six months, any profit derived would be returned to the Securities and Exchange Commission of Pakistan (SECP) as per the requirements of Section 105 of the Securities Act, 2015.