Islamabad: Fauji Fertilizer Company Limited has reported a transaction involving a member of its senior management, as per its disclosure requirements under Pakistan Stock Exchange Regulation 5.6.4. The announcement provides details of a share purchase by a senior member of the company's management.

On December 3, 2024, Brigadier Syed Saleem Bacha (Retired), who holds a senior management position at Fauji Fertilizer, executed a transaction involving the purchase of shares. The transaction involved the acquisition of 15 shares at a rate of 331.00 per share. Following this purchase, the cumulative number of shares held by Brigadier Bacha stood at 500, representing a cumulative percentage of 0.00 percent.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was completed in the ready market and involved the use of Central Depository Company (CDC) share certificates. The disclosure is part of the company's commitment to transparency and compliance with PSX regulations concerning the disclosure of interest by company directors, executives, and substantial shareholders, as well as their immediate family members.

The disclosure of this transaction ensures that the company maintains transparency in its financial dealings, as mandated by regulatory authorities, and allows stakeholders to be informed of changes in shareholding by key company personnel.