Director Sells Shares in Bank Alfalah Limited Amid Regulatory Compliance

Karachi: Bank Alfalah Limited announced a notable transaction involving its shares, conducted by a director of the bank, Mr. Abdulla Nasser Hawaileel Al Mansoori. The transaction, reported on February 20, 2025, adheres to Regulation 5.6.4 of the Pakistan Stock Exchange Limited.

On February 19, 2025, Mr. Al Mansoori executed a sale of 210,000 shares at the rate of 80.00 per share. The shares were sold in the form of Central Depository Company (CDC) certificates on the ready market. Following this transaction, Mr. Al Mansoori's cumulative shareholding in the bank stood at 96.15 million shares, representing 6.0964% of the total.

In a separate transaction on the same day, Mr. Al Mansoori sold an additional 15,000 shares at a rate of 80.01 per share. This subsequent sale adjusted his cumulative shareholding to 96.14 million shares, equating to 6.0954% of Bank Alfalah Limited.

According to information available from the Pakistan Stock Exchange (PSX), these transactions form part of routine compliance with regulatory requirements and transparency initiatives. The designated market category for these transactions was the ready market.

Bank Alfalah Limited continues to maintain transparency in its operations, ensuring compliance with established regulations set forth by the Pakistan Stock Exchange, while keeping stakeholders informed of significant shareholding changes within the organization.