Bunnys Limited Executive Director Sells Shares Worth 9.26 Million

Karachi: In a recent transaction disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Omer Shafiq Chaudhry, an Executive Director of Bunnys Limited, has sold a significant number of company shares. According to information available from the Pakistan Stock Exchange (PSX), Mr. Chaudhry executed the sale of 662,000 shares at a rate of 13.99 per share.

The transaction, which took place on November 12, 2024, resulted in a total sale value of approximately 9.26 million. Following this transaction, Mr. Chaudhry's cumulative holding stands at 22,688,979 shares, representing a 33.96 percent stake in Bunnys Limited.

The disclosure falls under the regulatory requirements set by the PSX, ensuring transparency in transactions involving substantial shareholders and company executives. The information highlights the importance of adhering to such regulations to maintain investor confidence in the market.