Karachi: An executive from Habib Bank Limited has executed a transaction involving the sale of the bank's shares, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. According to the available information, Mr. Sami Aziz, an executive of the bank, sold 10,000 shares at a price of 181.00 each on December 3, 2024.
The transaction was carried out in the ready market, and the shares were held in the Central Depository Company (CDC) form. Following this transaction, Mr. Aziz's cumulative shareholding stands at 10,968 shares, representing a 0.00% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are part of regulatory requirements to ensure transparency in the trading activities of company executives. The PSX Regulation 5.6.4 mandates the disclosure of share transactions by relevant persons in the company to maintain market integrity and investor confidence.