Karachi: Executive and non-executive directors of Waves Corporation Limited have recently executed multiple transactions involving the company's shares, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. These transactions were conducted by Haroon Ahmad Khan, Executive Director, and Nighat Haroon Ahmad Khan, Non-Executive Director, along with their respective holdings.

According to the information, Haroon Ahmad Khan engaged in a series of transactions in March 2025. On March 21, 2025, he sold 2.50 million shares at a rate of 8.18 per share, resulting in a cumulative shareholding of 93.14 million shares, representing 33.09% of the company's shares. Shortly after, on March 24, 2025, he purchased an equivalent number of shares, 2.50 million, at a rate of 8.38 per share, increasing his cumulative shareholding to 95.64 million shares, or 33.99%.

Further transactions occurred on March 27, 2025, when Haroon Ahmad Khan bought 3.05 million shares at a rate of 8.12 per share. This acquisition raised his total shareholding to 98.69 million shares, equating to 35.07% of the company's shares. However, on the same day, he sold 3.05 million shares at a rate of 8.00 per share, adjusting his cumulative shareholding back to 95.64 million shares, equating to 33.99%.

In a parallel series of transactions, Nighat Haroon Ahmad Khan, Non-Executive Director, also conducted share dealings on March 27, 2025. She acquired 3.10 million shares at a rate of 8.12 per share, which increased her cumulative shareholding to 20.43 million shares, or 7.26%. Subsequently, she sold the same number of shares at a rate of 8.00 per share, reducing her total shareholding to 17.33 million shares, or 6.61%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect the directors' active engagement in the market, with each move affecting their respective shareholdings within the company. Waves Corporation Limited is listed under the designated market category of the Pakistan Stock Exchange, offering insights into the shareholding patterns of its key executives and directors.