Karachi: First Elite Capital Modaraba has disclosed recent transactions involving its shares as per the requirements of Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions were executed by a substantial shareholder, a non-executive director's spouse, and other relevant persons connected to the company.

According to the disclosure, Nauman Rathore, a substantial shareholder, made two purchases of the company's shares. On May 5, 2025, Rathore acquired 18,704 shares at a rate of 15.40 each, bringing his cumulative shareholding to 5,351,136 shares, representing 47.19% of the company. The following day, Rathore purchased an additional 524 shares at 16.94 each, maintaining his cumulative percentage at 47.19.

In a separate transaction on May 7, 2025, Ayesha Ghazanfar, the spouse of non-executive director Ghazanfar Farrokh, purchased 10 shares at a rate of 18.63 each. This brought her cumulative shareholding to 40 shares, with a cumulative percentage of 0.00 in the company.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have been duly recorded and disclosed in compliance with the stock exchange's regulatory framework. The market category for these transactions is designated as 'Ready.'

The disclosure of these transactions underscores the adherence to transparency requirements set forth by the PSX, ensuring that the market participants are informed about the trading activities of significant stakeholders within the company.