Karachi: Waves Corporation Limited announced on July 8, 2026, that significant transactions involving its shares were executed by key figures within the company, as disclosed under the Pakistan Stock Exchange Regulation 5.6.4.

The transactions, occurring between June 30 and July 6, 2026, involved Haroon Ahmad Khan, the Executive Director, and Nighat Haroon Khan, a Non-Executive Director, reflecting notable movements in the market. According to information available from the Pakistan Stock Exchange (PSX), Haroon Ahmad Khan executed a purchase of 2,300,000 shares at a rate of 10.96 in the future market on June 30, increasing his cumulative shareholding to 91.65 million shares, representing a 32.57% stake. On the same day, he sold an equivalent number of shares in the ready market at a rate of 10.79, resulting in a cumulative holding of 89.35 million shares, accounting for 31.75%.

Nighat Haroon Khan engaged in multiple transactions, starting with a purchase of 924,500 shares at 11.28 in the future market on July 2, followed by a sale of the same number of shares in the ready market at 11.15, adjusting her cumulative shares to 19.77 million, representing 7.03%. Furthermore, on July 6, she purchased 4,075,500 shares at a rate of 11.28 in the NDM market, elevating her holdings to 23.89 million shares, equating to an 8.47% stake. However, another sale on July 2 in the ready market of 4,075,500 shares at 10.98 reduced her cumulative shares back to 19.77 million, maintaining her 7.03% stake.

These transactions reflect strategic movements by the company's directors, impacting their shareholding percentages, and illustrating the dynamic nature of stock management within corporate structures. The designated market category for these transactions was predominantly in the future, ready, and NDM markets, highlighting varied strategic approaches in stock management by the directors involved.