Lahore: Big Bird Foods Limited has reported recent share transfers involving key figures within the company, as disclosed under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions, which were reported on August 13, 2026, involve the transfer of shares by directors and executives of the company.
According to the report, Muhammad Mustafa Kamal, an Executive Director of Big Bird Foods Limited, executed a transfer of 5.00 million shares on August 5, 2026. The nature of the transaction was classified as "Gift Out," reflecting a non-monetary transfer of shares. Following this transaction, Kamal's cumulative shareholding stands at 50.35 million shares, accounting for a 15.29% stake in the company.
In a similar transaction, Abdul Basit, a Non-Executive Director, also transferred 5.00 million shares on August 7, 2026. This transaction, like Kamal's, was categorized as a "Gift Out" and leaves Basit with a cumulative holding of 31.02 million shares, representing 9.42% of the company's total shares.
These transactions are part of the company's regulatory obligations to disclose such activities. According to information available from the Pakistan Stock Exchange (PSX), the disclosure ensures transparency in the holding patterns of significant shareholders and company executives.
The disclosure of these transactions provides insight into the shareholding structure and movements within Big Bird Foods Limited, which is categorized under the designated market category of the food industry. The nature of these transactions, being non-monetary, indicates internal redistributions rather than market-driven sales.