Mari Energies Executive Trades 300 Shares at 553.50 Each

Lahore: An executive from Mari Energies Limited has disclosed a recent transaction involving the purchase of company shares, as per the company's official announcement dated March 10, 2025.

Fahad Rehman, an executive employee at Mari Energies Limited, executed a transaction on February 28, 2025, purchasing 300 shares at a rate of 553.50 each. This transaction was conducted through the Central Depository Company (CDC) in the ready market segment.

According to information available from the Pakistan Stock Exchange (PSX), this transaction will be presented at the next board meeting in compliance with clause 5.6.4 of PSX Regulations. The company has confirmed that the holding period for this transaction exceeds six months. Should the holding period be within six months, any profit derived from the transaction will be deposited as a cheque with the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015, with appropriate notification to the PSX.

This disclosure highlights the internal governance and regulatory adherence of Mari Energies Limited, ensuring transparency in its financial dealings and executive transactions.