Arif Habib Corporation Limited: Disclosure of Share Transactions by Non-Executive Director

Karachi: Arif Habib Corporation Limited has announced a notable transaction involving its shares, executed by a non-executive director, in compliance with Pakistan Stock Exchange regulations. The disclosure was made on February 25, 2025, under PSX Regulation 5.6.4, which mandates the reporting of shareholding changes by company insiders.

According to the details released, Asadullah Khawaja, a non-executive director of Arif Habib Corporation Limited, executed a share transaction on February 20, 2025. The transaction involved the purchase of 25,000 shares at a rate of 88.76 per share in the ready market. This acquisition increased Khawaja's cumulative shareholding to 106,006 shares, representing a cumulative percentage of 0.03 percent of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining transparency and compliance within publicly traded companies. The transaction underscores the regulatory requirements for directors and substantial shareholders to report their trading activities in company shares.

Arif Habib Corporation Limited continues to adhere to the designated market category regulations, ensuring that all relevant shareholding changes are communicated promptly and accurately to the market participants.