Flying Cement Executive Director Discloses Transfer of Over 11 Million Shares

Karachi: The Flying Cement Company Limited has reported a significant transaction involving its Executive Director, Momi8n Qamar, as per the disclosure requirements of the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On April 25, 2025, Momi8n Qamar, serving as the Executive Director, executed a transaction in which 11,055,550 shares were transferred as a gift. The shares were handled through the Central Depository Company (CDC) and involved no monetary exchange, with the rate recorded at 0.00. Following this substantial gift transaction, the cumulative number of shares held by Mr. Qamar reached 85,840,608, representing a cumulative shareholding percentage of 12.35%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction highlights the active engagement and strategic movements within the executive ranks of Flying Cement Company Limited. The company is categorized under the designated market category of the Pakistan Stock Exchange.

This transaction underscores the importance of transparency and regulatory compliance for publicly listed companies, ensuring that all relevant parties are informed of significant changes in shareholding structures.