Karachi: First Elite Capital Modaraba has disclosed transactions executed by a substantial shareholder involving the purchase of shares in the company. This disclosure aligns with the requirements set by the Pakistan Stock Exchange Regulation 5.6.4.
The transaction was carried out by Nauman Rathore, identified as a substantial shareholder, who purchased 41,317 shares through the Central Depository Company (CDC) in the ready market on April 7, 2025. The shares were acquired at a rate of 14.68 per share. This acquisition brings the cumulative number of shares held by Rathore to 5,251,109.
According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects the ongoing interest and investment activities by key stakeholders within the company. The cumulative percentage of shares held by Rathore is now recorded at 4,631.
The disclosure of such transactions is mandatory under PSX regulations and provides transparency regarding the dealings of substantial shareholders and executives within listed companies.