Karachi: In a series of transactions that align with Regulation 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book, a director of Bank Alfalah Limited has sold a total of 400,000 shares. The transactions were executed on July 8, 2025, involving multiple sales at varying rates, resulting in a cumulative change in shareholding.
The transactions were carried out by Mr. Abdulla Nasser Hawaileel Al Mansoori, a director of Bank Alfalah Limited. The shares were sold at rates ranging from Rs. 88.33 to Rs. 89.29 per share, with the average rate calculated at Rs. 88.72. Following these transactions, Mr. Al Mansoori's cumulative shareholding in the bank now stands at 89,184,571 shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted in the Ready market and involved the Central Depository Company (CDC) form of share certificates. The transactions reflect a series of sales that led to a moderate move in Mr. Al Mansoori’s shareholding percentage in the bank.
The sale of 400,000 shares has been duly recorded, as required by the PSX regulations, ensuring transparency in the director's financial dealings with the bank. The transactions, which involve a sizable volume of shares, underscore the compliance measures adhered to by Bank Alfalah Limited in its financial operations.