Karachi: An executive at Habib Bank Limited has executed a transaction involving the sale of shares, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 6.4. The transaction, conducted by Mr. Ahmed Naazer Minhaj, the General Manager at Habib Bank Limited, was executed earlier this year.

According to the disclosure, Mr. Minhaj sold a total of 9,370 shares in the company. The shares were sold at a rate of 162.99 per share on June 4, 2025. The transaction was carried out on the ready market and, consequently, Mr. Minhaj's cumulative shareholding in the bank now stands at zero, resulting in a cumulative percentage of 0.00.

The designated market category for this transaction is the ready market, where shares are typically traded for immediate delivery. This disclosure is part of the regulatory requirements set by the PSX to ensure transparency and accountability in the trading activities of key individuals associated with listed companies.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandatory for directors, chief executive officers, executives, substantial shareholders, their spouses, and minors when they engage in transactions involving the company's shares. The regulation is designed to maintain the integrity of the market by providing stakeholders with pertinent information about trading activities of significant personnel within a corporation.