Karachi: A Director of Bank Alfalah Limited, Mr. Abdulla Nasser Hawaileel Al Mansoori, engaged in a sequence of share transactions, reducing his holding in the bank by 114,688 shares. According to information available from the Pakistan Stock Exchange (PSX), the transactions were executed on July 11, 2025. These transactions were conducted in compliance with Regulation 5.6.4 of the PSX Rule Book, as mandated for transparency and governance.
The shares were sold at varying rates, with individual transactions including 25,000 shares at Rs. 93.50, another 25,000 shares at Rs. 93.59, and additional sales of 5,984 shares at Rs. 93.78, 50,000 shares at Rs. 94.00, 5,400 shares at Rs. 94.35, and 3,304 shares at Rs. 94.40. The cumulative shareholding of Mr. Al Mansoori post these transactions stands at 88.72 million shares, representing 5.6253% of the total shareholding in the bank.
The market category for these transactions was the Ready market, and the shares were held in the Central Depository Company (CDC) form. The average rate of the shares transacted was Rs. 93.82. Mr. Al Mansoori's reduction in shareholding is classified as a Minor move, indicating a slight change in his stake in the bank.
This disclosure is part of the bank's ongoing commitment to regulatory compliance and provides stakeholders with crucial insights into significant transactions involving the bank's shares.