Cherat Cement Company Limited Announces Recent Share Transactions by Non-Executive Director

Karachi, Cherat Cement Company Limited has disclosed recent share transactions conducted by Mr. Arif Dino Faruque, a Non-Executive Director of the company. The details of the transactions are as follows:

1. On September 6, 2023, Mr. Arif Dino Faruque executed a sale of 50,000 shares at a rate of PKR 125.00 per share through CDC Ready certificates.

2. On September 7, 2023, Mr. Arif Dino Faruque conducted another sale, this time disposing of 49,967 shares at the same rate of PKR 125.00 per share through CDC Ready certificates.

3. Additionally, on the same day, Mr. Arif Dino Faruque sold a smaller lot of 33 shares at a rate of PKR 125.50 per share using CDC Ready certificates.

These transactions reflect Mr. Arif Dino Faruque's decision to divest a portion of his holdings in Cherat Cement Company Limited. It is essential to note that these transactions have been reported in compliance with regulatory requirements and transparency standards. The market will be closely monitoring any further developments regarding the company's shareholding structure.