Karachi: Bank AL Habib Limited has reported a transaction involving the sale of shares by one of its executives, Mohammad Amir Mujaddadi. According to the disclosure, the transaction was executed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the reporting of share dealings by directors, executives, and substantial shareholders.
The sale was conducted on July 7, 2025, and involved a total of 2,175 shares. These shares were sold at a rate of 171.80 each. Following this transaction, Mohammad Amir Mujaddadi holds no shares in the company, resulting in a cumulative shareholding percentage of zero.
According to information available from the Pakistan Stock Exchange (PSX), this transaction forms part of the regulatory requirement to ensure transparency and informed decision-making within the market. The PSX designates this as a minor move, reflecting the relatively small scale of the transaction in the broader context of Bank AL Habib's market activity.
Bank AL Habib Limited, a significant entity in the banking sector, continues to adhere to market regulations, providing detailed disclosures to maintain transparency with its stakeholders.