Islamabad: Senior management members of Shifa International Hospitals Ltd. have recently purchased company shares, a mandatory disclosure to the Pakistan Stock Exchange revealed on Tuesday, September 2, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the disclosed transactions involved three senior management figures acquiring shares on a single day through the Central Depository Company (CDC). Dr. Aamer Nazir Ahmad purchased 62 shares at a rate of 128.10 PKR per share. Following him, Dr. Maimoona Siddiqui acquired 1,170 shares, each priced at 127.51 PKR. The largest transaction was by Malik Muhammad Uzair, who bought 3,109 shares at a rate of 128.24 PKR per share.

This series of transactions underlines the ongoing investment by the top executives in the company, signaling a strong confidence in the hospital’s future prospects. This information must be communicated to the certificate holders of the exchange to ensure transparency as stipulated under section 5.6.4 of PSX Regulations, concerning the disclosure of interests by directors, CEOs, or executives of a listed company and their spouses and substantial shareholders.