Karachi: In a notable transaction involving Habib Bank Limited (HBL), a senior executive has sold a significant number of shares, according to the Pakistan Stock Exchange (PSX). This development comes as part of the required disclosure of interest by relevant persons under PSX regulation 5.6.4.
On June 25, 2025, Mr. Muddasir Hassan Khan, General Manager at HBL, sold 500 shares at a rate of 167.00 per share. Following this transaction, he executed another sale of 500 shares on June 30, 2025, at a rate of 177.50 per share. The cumulative number of shares held by Mr. Khan after these transactions stands at 13,567. The sale has been classified as a minor move in terms of percentage change in price.
According to information available from the Pakistan Stock Exchange (PSX), these transactions have drawn attention within the designated market category, primarily due to Mr. Khan's role as an executive in the bank. The disclosure underscores the transparency requirements for senior management under PSX regulations.
The transactions took place in the ready market, involving Central Depository Company (CDC) share certificates. The cumulative percentage of shares held by Mr. Khan remains unchanged at 0.00%. The activity reflects compliance with regulatory standards, ensuring that stakeholders remain informed of significant insider actions involving company shares.