Karachi: Habib Bank Limited has disclosed a transaction involving the sale of company shares by one of its executives. The transaction, executed on February 24, 2025, was reported under PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares.
According to the information available, Ms. Fouzia Labeen Janina, an executive at Habib Bank Limited, sold a total of 1,000 shares. The shares were sold at a rate of 15,438.00 each. This transaction leaves Ms. Janina with a cumulative holding of 34,400 shares, representing a cumulative percentage of 0.00% of the company's outstanding shares.
This disclosure is significant for stakeholders and investors as it reflects the shareholding changes among executive-level management within the bank. The sale was conducted in the 'Ready' market category.
According to information available from the Pakistan Stock Exchange (PSX), regulations require that such transactions be reported to ensure transparency and maintain investor confidence in the market. The details of this transaction are now part of the public record as per regulatory requirements.