Karachi, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited, remains steadfast in its commitment to the bank's growth as it undertakes a series of share acquisitions. Executed on August 10, 2023, these transactions further solidify the fund's position and its belief in the bank's potential.

With a strategic approach, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT has added to its holdings in Habib Bank Limited through a series of BUY transactions. These acquisitions, facilitated via the Central Depository Company (CDC) system, utilized the Ready form of share certificates.

The details of the transactions are as follows:

1. Shares: 8 - Rate: 103.73

2. Shares: 800 - Rate: 103.75

3. Shares: 2 - Rate: 103.80

4. Shares: 25 - Rate: 103.83

5. Shares: [Exact Number Missing] - Rate: 103.84

6. Shares: 5,000 - Rate: 103.85

7. Shares: 100 - Rate: 103.89

8. Shares: 6,100 - Rate: 103.90

9. Shares: 500 - Rate: 103.94

10. Shares: 5,123 - Rate: 103.95

AGA KHAN FUND FOR ECONOMIC DEVELOPMENT's persistent investments reflect its unwavering confidence in the bank's potential and its intent to contribute to its long-term success. These acquisitions underscore the fund's alignment with Habib Bank Limited's strategic goals and vision.

Market analysts and observers are closely monitoring this development, recognizing it as a sign of AGA KHAN FUND FOR ECONOMIC DEVELOPMENT's ongoing commitment to the bank. The acquisitions are likely to spark discussions about the fund's investment strategy and its outlook for the banking sector.

As AGA KHAN FUND FOR ECONOMIC DEVELOPMENT continues to strengthen its stake in Habib Bank Limited, these transactions reaffirm the partnership between the substantial shareholder and the bank. The acquisitions exemplify a shared dedication to growth and value creation, positioning Habib Bank Limited to navigate market dynamics and seize future opportunities.