Karachi: An executive from Habib Bank Limited has engaged in a significant share transaction, according to a disclosure of interest under Pakistan Stock Exchange Regulation 5.6.4. The transaction was executed by Mr. Habib Shah, a General Manager (Executive) of the bank, involving the sale of shares.

The transaction took place on May 16, 2025, within the ready market segment. Mr. Shah sold a total of 10,879 shares of Habib Bank Limited at a rate of 157.10 per share. Following this transaction, the cumulative number of shares held by Mr. Shah stands at zero, representing a cumulative percentage of 0.00%.

The sale of shares by Mr. Shah comes as part of the routine disclosure obligations required by the Pakistan Stock Exchange for directors, CEOs, executives, substantial shareholders, and their immediate family members. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and ensuring that all relevant transactions are recorded and reported accurately.

The designated market category for this transaction is the ready market, and the shares were held in the Central Depository Company (CDC) form of share certificate. This transaction is one of several that regulatory frameworks require to be publicly disclosed, underscoring the importance of transparency in corporate governance.