Karachi, Habib Bank Limited has reported a series of share transactions conducted by the substantial shareholder, the Aga Khan Fund for Economic Development, on August 22, 2023. These acquisitions reflect the Fund's commitment to enhancing its holdings within the bank and reaffirm its positive outlook on the institution's growth trajectory.

The specific transactions are as follows:

1. The Aga Khan Fund for Economic Development executed a purchase of 7,603 shares at a rate of Rs. 98.79 per share through the CDC Ready system.

2. A smaller acquisition of 2 shares was completed at a rate of Rs. 98.85 per share by the substantial shareholder through the CDC Ready system.

3. A substantial acquisition of 10,000 shares took place at a rate of Rs. 98.90 per share by the Aga Khan Fund for Economic Development through the CDC Ready system.

4. An acquisition involving 150 shares was conducted at a rate of Rs. 98.93 per share by the substantial shareholder through the CDC Ready system.

5. A smaller transaction involving 100 shares occurred at a rate of Rs. 98.94 per share by the Aga Khan Fund for Economic Development through the CDC Ready system.

6. An acquisition of 600 shares was executed at a rate of Rs. 98.95 per share by the substantial shareholder through the CDC Ready system.

7. The substantial shareholder further purchased 5,050 shares at a rate of Rs. 98.97 per share through the CDC Ready system.

8. An acquisition of 6,150 shares took place at a rate of Rs. 98.98 per share by the Aga Khan Fund for Economic Development through the CDC Ready system.

9. A transaction involving 715 shares was conducted at a rate of Rs. 98.99 per share by the substantial shareholder through the CDC Ready system.

10. The final transaction involved an acquisition of 80,861 shares at a rate of Rs. 99.00 per share by the Aga Khan Fund for Economic Development through the CDC Ready system.

These multiple share purchases showcase the substantial shareholder's continuous engagement with Habib Bank Limited. Such transactions often indicate a strong belief in the company's performance and future prospects, contributing to market sentiment regarding the bank's growth potential.

These developments are likely to capture the attention of investors and market observers, reflecting the substantial shareholder's increased stake in Habib Bank Limited and influencing perceptions of the bank's future performance.