Karachi: Crescent Star Insurance Limited has disclosed that significant transactions involving the company's shares have been executed by key figures associated with the company. This disclosure is in compliance with PSX Regulation 5.6.4., which mandates transparent reporting of share dealings by directors, CEOs, executives, substantial shareholders, their spouses, and minors.
On May 13, 2025, a transaction was carried out involving the sale of 750,000 shares of Crescent Star Insurance Limited. These shares were sold at a rate of 7.00 per share. The shares are held in the Central Depository Company (CDC) under the regular market category.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative shareholding following this transaction amounts to 4,461,236 shares, representing 25.02% of the company's total shares. This transaction reflects the ongoing adjustments in shareholding patterns by the company's relevant persons in alignment with regulatory requirements.
The disclosure of such transactions is a critical element of market transparency, ensuring that stakeholders are informed of changes in shareholding by those with substantial interest or influence in the company.