Executive Director’s Transactions in Waves Corporation Limited Shares Highlight Market Activity

Karachi: Waves Corporation Limited has disclosed significant share transactions involving one of its executive directors, Haroon Ahmad Khan. The transactions, executed earlier this month, have resulted in notable shifts in the company’s shareholding structure.

On January 2, 2026, Haroon Ahmad Khan, serving as the Executive Director of Waves Corporation Limited, engaged in two separate transactions involving the company’s shares. The first transaction was a sale of 473,000 shares in the ready market. Shortly thereafter, he executed a purchase of an identical number of shares, 473,000, in the futures market.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have resulted in a cumulative percentage change in Khan’s shareholding from 33.81% to 33.98%. This sequence of transactions represents a moderate move in terms of market impact.

The transactions were carried out under the regulations governing the disclosure of interests by relevant persons holding company shares. Waves Corporation Limited, listed under the designated market category, continues to ensure transparency and regulatory compliance in its dealings.

These developments come amidst a backdrop of regulatory oversight and shareholder interest in the trading activities of executives within the company. As per the disclosed information, the transactions adhered to the necessary procedural requirements set forth by the regulatory bodies.