Soneri Bank CEO Acquires Additional Shares Amid Regulatory Disclosure

Karachi: Soneri Bank Limited has made a regulatory disclosure concerning a recent share transaction executed by its President and Chief Executive Officer, Mr. Muhtashirn Ahmad Ashai. The transaction was reported in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4, which requires disclosure of interest by relevant persons holding the company's shares.

On May 13, 2025, Mr. Ashai purchased 818,097 shares of Soneri Bank at a rate of 15.78 per share. This transaction was conducted in the ready market and involved the Central Depository Company (CDC) form of certificates. The cumulative shareholding of Mr. Ashai in the bank now stands at 2,309,984 shares, which constitutes 0.21% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction underscores the ongoing engagement of key executives in the financial activities of Soneri Bank. The designated market category for Soneri Bank Limited remains within the financial services sector, focusing on banking operations across Pakistan.

This disclosure is part of the transparency measures mandated by the PSX to ensure that stakeholders are informed about the dealings of individuals in strategic positions within publicly listed companies.