Karachi: Burj Clean Energy Modaraba's Executive Director, Nabeel Anjum Malik, has made a series of purchases in the company's shares, as disclosed under the Pakistan Stock Exchange Regulation 5.6.4. The transactions were executed over a period in June 2025, reflecting a consistent acquisition strategy by the executive.

According to the regulatory filing, Nabeel Anjum Malik, in his capacity as an executive director, engaged in multiple transactions between June 17 and June 26 of the year 2025. The purchases involved shares traded in the ready market, with various volumes and prices recorded over the specified dates.

The transaction details reveal that on June 17, Malik purchased two batches of 1,000 shares each, at rates of 8.44 and 8.50 per share, respectively. Subsequent transactions included a buy of 3,000 shares at a rate of 8.97 on June 18, and smaller acquisitions of 499 and 1 share on June 19 at rates of 8.88 and 8.90, respectively.

On June 20, Malik expanded his holdings by purchasing 1,461 shares at a rate of 9.50, followed by 500 shares at 9.80, and 1,039 shares at 9.90. The series of acquisitions culminated on June 23 with a significant buy of 5,000 shares at a rate of 9.29. His final transaction within this period was on June 26, with a purchase of 1,000 shares at a rate of 10.00.

According to information available from the Pakistan Stock Exchange (PSX), these transactions resulted in an increased cumulative holding of 51,981 shares, representing a cumulative percentage of 0.05% of Burj Clean Energy Modaraba's total shares. The transactions were executed in the designated market category of CDC-Ready.

The series of acquisitions by the executive director, categorized as a minor move in percentage terms, highlights continued interest and investment in the company's stock by a key insider.