Karachi: First Elite Capital Modaraba has disclosed transactions involving shares of the company executed by Ayesha Aslam, the spouse of Independent Director Sheikh Muhamad Ali Asif. The transactions, conducted under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, involve the buying of shares in the company.
On May 20, 2025, Ayesha Aslam purchased 10 shares at a rate of 18.05 each in the ready market, increasing her cumulative total to 110 shares, which constitutes a negligible percentage of the total shares. Subsequently, on May 23, 2025, she acquired an additional 10 shares at a rate of 17.95, bringing her cumulative shareholding to 120 shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of routine disclosures required to maintain transparency in stock dealings by individuals closely associated with the company's management. The designation of the market category for these transactions is CDC Ready. The cumulative percentage of shares held remains effectively at zero due to the small volume of shares involved.
The disclosure ensures compliance with regulatory requirements aimed at providing investors and stakeholders with insight into the shareholding patterns of key individuals associated with the company.