Islamabad: Shifa International Hospitals Ltd. has reported several share transactions executed by Mohammad Salim Khan, an independent director of the company, over a span of four days. These transactions, disclosed under the Pakistan Stock Exchange (PSX) Regulations, involve the sale of shares by Mr. Khan, reflecting a slight adjustment in his holding within the company.
On April 29, 2025, Mr. Khan initiated the sale of five shares at a rate of 417.00 per share. This transaction left him with a cumulative holding of 117,984 shares, maintaining a cumulative percentage of 0.19 within the company. The following day, on April 30, 2025, Mr. Khan continued his selling activity with a more substantial transaction, offloading 502 shares at a rate of 400.02 per share. This reduced his total shareholding to 117,482 shares, while his cumulative percentage within the company remained unchanged at 0.19.
Mr. Khan's final documented transaction occurred on May 2, 2025, when he sold 14 shares at a price of 405.00 per share. After this transaction, his cumulative number of shares stood at 117,468, still representing 0.19 percent of the company's total shares.
The transactions were conducted through the Central Depository Company (CDC), as specified in the disclosure report. According to information available from the Pakistan Stock Exchange (PSX), these activities fall under the category of disclosure of interest by directors, CEOs, executives, and substantial shareholders, as per section 5.6.4 of the PSX Regulations.
Shifa International Hospitals Ltd. operates within the designated market category of healthcare services, and the transactions reflect routine investment decisions by a key member of its board. The PSX mandates such disclosures to ensure transparency and maintain investor confidence in the management of publicly listed companies.