Habib Bank Executive Sells Shares in Market Transaction

Karachi: Habib Bank Limited has disclosed a recent transaction involving the sale of its shares by an executive, in accordance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. This regulatory requirement mandates the disclosure of interest by relevant persons holding the company's shares.

On November 29, 2024, Mr. Aadil Saleh, an executive of Habib Bank Limited, executed a sell transaction involving 19,774 shares at a rate of 179.23 per share. According to information available from the Pakistan Stock Exchange (PSX), this transaction resulted in Mr. Saleh holding zero shares, representing zero percent of the cumulative shareholding in the company.

The disclosure of such transactions is part of the PSX's efforts to maintain transparency and ensure that all market participants are informed of significant changes in shareholding by key individuals within listed companies.