Crescent Jute Products Limited Share Transactions by Substantial Shareholder Show Moderate Move

Karachi: Crescent Jute Products Limited has reported transactions by a substantial shareholder involving the acquisition of a significant number of shares, according to a disclosure dated December 24, 2025.

The shareholder, identified only as Mr. Imran, executed two separate purchases of the company's shares. The first transaction was completed on December 18, 2025, involving the purchase of 516,828 shares. This acquisition was executed at a cumulative rate of 19.742860830 per share, resulting in a cumulative shareholding percentage of 12.04%.

The second transaction took place on December 19, 2025, where Mr. Imran acquired an additional 260,000 shares at a rate of 18.04 per share, increasing the cumulative number of shares held to 3.12 million, with a cumulative shareholding percentage of 13.13%.

According to information available from the Pakistan Stock Exchange (PSX), the overall change in the shareholder's cumulative holding percentage reflects a moderate move, indicative of strategic positioning within the company’s shareholding structure.

The transactions will be presented by the Company Secretary at the upcoming Board of Directors meeting, as mandated. The company also stated that these transactions comply with the required holding period under the Securities Act, 2015, and have been duly recorded in the UIN Management System.