Karachi: Waves Corporation Limited has disclosed recent transactions involving its key personnel's shareholding in accordance with PSX Regulation 5.6.4, as detailed in a report dated August 10, 2026. The transactions, conducted on August 4, 2026, involve both buying and selling activities by executive and non-executive directors of the company.

The report highlights that Haroon Ahmad Khan, the Executive Director, executed a buying transaction of 2.30 million shares at a rate of 10.80 per share in the future market. Following this acquisition, Khan's cumulative shareholding reached 91.65 million shares, accounting for a 32.57% stake in the company. On the same day, Haroon Ahmad Khan also completed a selling transaction of an equivalent 2.30 million shares at a slightly lower rate of 10.69 per share in the NDM market. This sale adjusted his total shares to 89.35 million, representing a 31.75% cumulative percentage. This series of transactions resulted in a minor move in his shareholding position.

In a parallel transaction, Nighat Haroon Khan, a Non-Executive Director, engaged in similar buying and selling activities. She acquired 924,500 shares in the future market at the same rate of 10.80 per share, increasing her total shareholding to 20.70 million shares, equating to a 7.35% stake. Subsequently, she sold the same quantity of shares at 10.69 per share in the NDM market, which adjusted her cumulative shares to 19.77 million, representing a 7.03% stake in the company. This sequence of transactions also led to a minor move in her shareholding.

According to information available from the Pakistan Stock Exchange (PSX), transactions of this nature are subject to disclosure under specific regulatory frameworks to ensure transparency and compliance. The activities of key personnel in public companies are closely monitored to maintain market integrity and investor confidence.

The report underscores the dynamic nature of shareholding adjustments within Waves Corporation Limited, reflecting strategic decisions by its directors. These transactions, while executed on the same day, illustrate the fluidity and tactical considerations inherent in managing significant equity positions within the company.