Islamabad: Dr. Zeeshan Bin Ishtiaque, Chief Executive Officer of Shifa International Hospitals Ltd., has purchased 3,800 shares of the company, according to a filing with the Pakistan Stock Exchange (PSX).
On August 7, 2024, Dr. Ishtiaque bought the shares at a price of PKR 133.68 each. The transaction was conducted through the Central Depository Company (CDC), emphasizing the continued confidence of senior management in the firm's prospects.
According to information available from the Pakistan Stock Exchange (PSX), this purchase is part of the regulatory requirements that mandate the disclosure of any share transactions by directors, CEOs, executives, or their spouses and substantial shareholders under clause 5.6.4 of PSX Regulations.
The management of Shifa International Hospitals has made this information public to ensure transparency and maintain trust with the shareholders of the exchange. This disclosure aligns with the company's commitment to adhere to the highest standards of corporate governance.