Islamabad: In a recent transaction on the Pakistan Stock Exchange, Dr. Zeeshan Bin Ishtiaque, the Chief Executive Officer of Shifa International Hospitals Limited, has purchased 3,800 shares of the company. This transaction took place on August 7, 2024, with shares bought at a rate of Rs. 133.68 each, through the Central Depository Company (CDC).

According to information available from the Pakistan Stock Exchange (PSX), this purchase aligns with regulatory requirements under clause 5.6.4 of the PSX Regulations, which governs the disclosure of interest by directors, CEOs, executives, their spouses, and substantial shareholders in listed companies.

The transaction has been duly reported to TRE Certificate Holders of the Exchange, ensuring transparency and adherence to the regulatory standards set forth for trading activities by insiders of publicly traded companies.

This move by Dr. Ishtiaque not only reflects his confidence in the financial health of Shifa International Hospitals but also aligns with corporate governance practices that encourage transparency in transactions of company shares by high-ranking officials.