Karachi: In a recent disclosure under Pakistan Stock Exchange Regulation 5.6.4, Habib Bank Limited has reported a significant transaction involving its executive. According to the information provided, Mr. Nouman Sadiq Qureshi, serving as a General Manager (Executive) at the bank, executed a sale of 40,097 shares in the open market.

The transaction was completed on May 6, 2025, with shares sold at a rate of 145.13 per share. This sale resulted in Mr. Qureshi holding zero shares in the company, marking a complete divestment from his previous holdings. The cumulative percentage of shares held by Mr. Qureshi post-transaction stands at 0.00%.

This disclosure was made in compliance with the Pakistan Stock Exchange's regulatory framework, which mandates the reporting of transactions by directors, executives, and substantial shareholders, along with their spouses and minors. Such actions are closely monitored to ensure transparency and maintain market integrity.

According to information available from the Pakistan Stock Exchange (PSX), these disclosures are crucial in tracking insider activities and ensuring that all market participants have access to the same information, thus fostering an equitable trading environment.

The designated market category for this transaction was the 'Ready' market, which refers to the immediate settlement of share trades. This transaction highlights the ongoing compliance and regulatory adherence by Habib Bank Limited and its executives in alignment with PSX requirements.