Karachi: An executive at Lucky Core Industries Limited has conducted a series of share transactions, a disclosure mandated under the Pakistan Stock Exchange (PSX) regulations was announced today. These transactions occurred on 26 August 2024, involving the sale of company shares by Mr. Muhammad Faisal, a noted executive.

The series of transactions included the sale of 100 shares at 989 rupees, 200 shares at 999 rupees, and another 200 shares at 1000 rupees, all registered under the Central Depository Company (CDC) in the 'Ready' market category. Despite these sales, the cumulative shareholding percentage of Mr. Muhammad Faisal in Lucky Core Industries remains at 0.00%.

According to information available from the Pakistan Stock Exchange (PSX), the transactions will be reviewed in the upcoming board meeting, as stipulated under clause No. 5.6.4 of the PSX Regulations. This clause requires detailed disclosure of interests by directors, CEOs, or executives of listed companies and their spouses, as well as substantial shareholders.

The company will further confirm these transactions to the exchange following the board meeting, maintaining regulatory transparency and compliance. Members of the exchange have been duly informed about these developments.