KARACHI: Kohat Cement Company Limited has disclosed a series of share transactions involving one of its directors, highlighting changes in the company's shareholding structure. The transactions were reported as part of the company's compliance with the Pakistan Stock Exchange regulations.
According to the company's announcement on July 9, 2026, Hijab Tariq, a director of the company, executed several transactions involving the sale of shares. These transactions were executed through the Central Depository Company (CDC) in the ready market.
On July 6, 2026, Hijab Tariq sold 221,000 shares at a rate of 106.41, resulting in a cumulative holding of 164.67 million shares, representing 17.91% of the company's total shares. The following day, July 7, 2026, an additional 167,000 shares were sold at a rate of 104.56, reducing the cumulative number of shares held to 164.50 million, or 17.89% of the total.
The final transaction took place on July 8, 2026, with the sale of 202,000 shares at a rate of 100.50. This brought the cumulative shareholding down to 164.30 million shares, accounting for 17.87% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a significant move in the director's shareholding, with each sale progressively reducing the cumulative percentage of shares held.
The transactions underscore key shifts in ownership percentages within Kohat Cement Company Limited, providing stakeholders with critical insights into the company's internal shareholding dynamics.