Habib Bank Limited announces disclosure of interest by a substantial shareholder

Karachi, Habib Bank Limited has announced that the Aga Khan Fund for Economic Development, a substantial shareholder in the company, has executed several transactions in shares of the company. The transactions were disclosed by the company in compliance with the Listing Regulations of the Pakistan Stock Exchange.

According to the details provided by the company, the Aga Khan Fund for Economic Development executed ten transactions on May 4, 2023, buying a total of 44,377 shares in Habib Bank Limited. The shares were bought through the Central Depository Company (CDC) and were in the form of ready certificates.

The transactions were as follows:

10,000 shares were bought at a rate of 78.50 per share, 20,000 shares were bought at a rate of 78.51 per share, 7,500 shares were bought at a rate of 78.60 per share, 1,625 shares were bought at a rate of 78.70 per share, 5,088 shares were bought at a rate of 78.71 per share, 601 shares were bought at a rate of 78.74 per share, 1,500 shares were bought at a rate of 78.75 per share, 500 shares were bought at a rate of 78.79 per share, 5,500 shares were bought at a rate of 78.80 per share and 3 shares were bought at a rate of 78.81 per share

The total value of the transactions amounted to approximately PKR 3.5 million.