Karachi: Bank Alfalah Limited has announced a significant transaction involving its director, Mr. Abdulla Nasser Hawaileel Al Mansoori, who has sold a total of 399,949 shares, as disclosed in compliance with Regulation 5.6.4 of the Pakistan Stock Exchange Limited. The transaction was reported to the bank on June 11, 2025.
Mr. Al Mansoori executed multiple sales on this date, with share prices ranging from 80.00 to 80.69 per share. The transactions were conducted through the Central Depository Company (CDC) in the ready market category. Following these transactions, Mr. Al Mansoori's cumulative shareholding in Bank Alfalah is now 95,736,129 shares, which represents a 6.0701% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), the sales began with a 100,000-share transaction at a rate of 80.00 per share. Subsequent sales included varying quantities of shares priced slightly higher, with the largest single transaction involving another 100,000 shares at 80.50 per share. The smallest transaction in this series was the sale of 197 shares at 80.69 per share.
The overall reduction in Mr. Al Mansoori's holdings amounts to a decrease of 399,949 shares. Before the transactions, he held a 6.0891% stake, which has now marginally decreased to 6.0701%. These transactions reflect his strategic financial decisions regarding his investment in the bank.
The compliance with PSX regulations ensures transparency in such transactions, providing stakeholders with timely and accurate information about changes in significant shareholdings within the company.