Karachi: First Elite Capital Modaraba has reported recent share transactions involving key company figures, according to a disclosure pursuant to Pakistan Stock Exchange (PSX) Regulation 5.6.4. The disclosure includes trades conducted by non-executive directors and their family members.

On July 28, Muhammad Javed Amin, a non-executive director, purchased 1,500 shares at a rate of 34.80 per share. This transaction increased his cumulative shareholding to 723,810 shares, representing a holding of 6.38%.

Shahana Javed Amin, also a non-executive director, engaged in multiple sale transactions over a span of days. On July 24, she sold 2,200 shares at 36.26 per share, reducing her cumulative shareholding to 84,550 shares, or 0.75%. The following day, July 25, she sold an additional 3,100 shares at a rate of 35.07 per share, further decreasing her cumulative shares to 81,450, equating to 0.72%. On July 28, she sold 3,650 shares at a rate of 34.86 per share, bringing her total holdings down to 77,800 shares, or 0.69%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect strategic decisions by the directors in response to market conditions. The Pakistani stock market is classified under the designated market category.

These transactions, executed by individuals with significant roles in the company, are reported as part of the regulatory compliance to maintain transparency in the trading activities of company executives.