Karachi: IGI Holdings Limited announced a disclosure of interest involving the purchase of shares by its directors, as per the regulatory requirements of the Pakistan Stock Exchange (PSX). This information, dated September 29, 2026, highlights transactions executed by key individuals associated with the company.
The report details that Syed Babar Ali, a Non-Executive Director, executed a purchase transaction involving 20,000 shares on September 28, 2026. Each share was acquired at a rate of 253.6842050, with the transaction executed under the Central Depository Company (CDC) in the ready market. The cumulative percentage of shares held by Syed Babar Ali following this transaction is noted as 0.03.
Additionally, Syed Hyder Ali, an Executive Director, also purchased 20,000 shares on the same date. The shares were similarly acquired under CDC in the ready market, with a rate per share of 253.6828327167. The cumulative shareholding percentage for Syed Hyder Ali, post-transaction, stands at 19.86.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a strategic move by key figures within the company, reinforcing their stakes and potentially indicating confidence in the company's future prospects.
This disclosure aligns with PSX Regulation 5.5.4, ensuring transparency and compliance in the reporting of shareholding activities by directors, executives, and substantial shareholders. The designated market category for these transactions is the ready market.