Karachi, In a series of substantial transactions, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a notable substantial shareholder, has executed a significant acquisition of shares in Habib Bank Limited. These transactions, carried out on September 14, 2023, underscore AGA KHAN FUND FOR ECONOMIC DEVELOPMENT's continued confidence in the financial institution.

The details of these transactions are as follows:

1. 266 shares were purchased at a rate of 95.45 per share, held in CDC (Central Depository Company) form.

2. A substantial acquisition of 2000 shares at a rate of 95.49 per share, also held in CDC form.

3. An extensive purchase of 62,821 shares at a rate of 95.50 per share, in CDC form.

4. 2000 shares were acquired at a rate of 95.55 per share, in CDC form.

5. Another 2000 shares were purchased at a rate of 95.65 per share, held in CDC form.

6. A significant acquisition of 44,006 shares at a rate of 95.75 per share, in CDC form.

7. 2500 shares were obtained at a rate of 95.76 per share, in CDC form.

8. A purchase of 5000 shares at a rate of 95.79 per share, in CDC form.

9. A substantial acquisition of 33,986 shares at a rate of 95.80 per share, in CDC form.

10. 1001 shares were bought at a rate of 95.85 per share, in CDC form.

These transactions reflect AGA KHAN FUND FOR ECONOMIC DEVELOPMENT's strategic interest in Habib Bank Limited, one of Pakistan's leading financial institutions. The fund's commitment to increasing its stake in the bank underscores its confidence in the bank's long-term growth potential and its role in the financial sector.

Market analysts and industry experts will be closely monitoring the impact of these acquisitions on Habib Bank Limited's stock performance and how they might influence the bank's future direction and strategic initiatives. As Habib Bank Limited continues to navigate the ever-changing financial landscape, the actions of substantial shareholders like AGA KHAN FUND FOR ECONOMIC DEVELOPMENT provide valuable insights into the institution's growth trajectory.