Askari Bank Executive Acquires Additional Shares as per PSX Regulation

Karachi: Askari Bank Limited has disclosed that Syed Imran Ali Shah, an executive at the bank, has executed several transactions in the bank's shares. These transactions were carried out on July 1, 2026, as per the disclosure requirement under the PSX Regulation 5.6.4.

On the date in question, Mr. Shah, utilizing the Central Depository System (CDS) in the ready market category, purchased a total of 15,000 shares of Askari Bank. These acquisitions were executed in four separate transactions involving 3,399 shares at Rs. 110.30, 4,993 shares at Rs. 110.35, 1,608 shares at Rs. 110.40, and 5,000 shares at Rs. 110.45, respectively.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have resulted in a cumulative holding of 25,000 shares by Mr. Shah. It is noted that Mr. Shah held 10,000 shares prior to his tenure with Askari Bank. The cumulative percentage of shares held by Mr. Shah remains at 0.0017, indicating no change in his proportional ownership within the bank.

This disclosure is aligned with the designated market category requirements and emphasizes transparency in transactions involving key personnel within publicly listed companies.