Burj Clean Energy Modaraba Shares Purchased by Executive Director

Karachi: An executive director of Burj Clean Energy Modaraba has disclosed a recent transaction involving the purchase of company shares. The transaction aligns with the disclosure requirements under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On July 24, 2025, Nabeel Anjum Malik, who serves as an Executive Director, executed a purchase of 500 shares in the company. The shares were acquired at a rate of 11.50 per share. Following this transaction, Malik's cumulative holding now stands at 53,981 shares, representing a minor move in his cumulative percentage of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and adhering to the market's regulatory framework. The purchase took place in the ready market segment and involved the Central Depository Company (CDC) as the form of share certificate.

The transaction underscores the activity within the designated market category, highlighting the importance of regulatory compliance for individuals in executive positions.