First Elite Capital Modaraba Shares Acquired by Director’s Spouse

Karachi: First Elite Capital Modaraba has disclosed recent share transactions involving a relevant person under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions were executed by Ayesha Aslam, the spouse of Sheikh Muhammad Ali Asif, who serves as an independent director of the company.

On May 12, 2025, Ayesha Aslam purchased 10 shares at a rate of 19.97. This transaction was conducted in the ready market and added to her cumulative holdings of the company. On May 14, 2025, she acquired an additional 10 shares at a rate of 20.00 in the same market category. Following these transactions, her cumulative shareholding in the company increased to 80 shares, representing a cumulative percentage of 0.00 in the overall shareholding structure.

According to information available from the Pakistan Stock Exchange (PSX), these transactions fall under the disclosure requirements for relevant persons holding company shares, ensuring transparency in the trading activities of company insiders and their immediate family members.

This disclosure is part of the ongoing regulatory compliance efforts by First Elite Capital Modaraba to ensure that all market participants are informed about the shareholding activities of its directors and their families.