Karachi: Dawood Equities Limited has disclosed significant share transactions by a substantial shareholder, as per the company’s announcement on February 14, 2025. This disclosure was made in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the reporting of share transactions by directors, CEOs, executives, substantial shareholders, their spouses, and minors.

According to the information provided, substantial shareholder Equity International (Pvt) Ltd engaged in two notable transactions involving the company’s shares. On February 10, 2025, Equity International (Pvt) Ltd purchased 205,751 shares at a rate of 9.86 per share. This transaction increased their cumulative shareholding in Dawood Equities Limited to 4.35 million shares, representing a cumulative shareholding percentage of 15.82%.

Following this, on February 11, 2025, Equity International (Pvt) Ltd executed another purchase of 47,449 shares at a rate of 9.65 per share. This additional acquisition further increased their cumulative holding to 4.39 million shares, bringing their cumulative shareholding percentage to 15.99%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight the active involvement of substantial shareholders in the trading activities of Dawood Equities Limited. The transactions were executed through the Central Depository Company (CDC) in the ready market category.

This detailed disclosure underscores the importance of transparency and accountability in the trading activities of key stakeholders within the company, ensuring compliance with regulatory requirements and providing shareholders with essential information about changes in shareholding.