Karachi: Cordoba Logistics & Ventures Limited has disclosed a recent transaction involving the purchase of company shares by a person closely associated with its board of directors. The transaction details were revealed as part of compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interests by relevant persons within the company.
According to the disclosure, Raza Elahi, the spouse of Anum Raza, who serves as a Non-Executive Director at Cordoba Logistics & Ventures Limited, executed a transaction involving the purchase of 5,000 shares of the company. This transaction took place on May 26, 2025, in the ready market, at a rate of 17.09 per share.
Following this transaction, the cumulative number of shares held by Raza Elahi has increased to 2,203,885, which constitutes a cumulative percentage of 3.06% of the company's total shares. The transaction was conducted in compliance with regulatory requirements, ensuring transparency and accountability in the dealings of those associated with the company.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining market integrity and ensuring that stakeholders are informed about significant shareholding changes involving company insiders and their immediate family members.
Cordoba Logistics & Ventures Limited, categorized under the designated market category, continues to adhere to the regulatory frameworks set forth by the PSX, providing stakeholders with timely and accurate information about share transactions conducted by its directors, executives, and their close relatives.