Habib Bank Limited Executive Conducts Multiple Share Transactions

Karachi: In a series of share transactions disclosed on April 9, 2025, Habib Bank Limited reported that Mr. Khawaja Haider Hassan, a General Manager (Executive) at the bank, executed several sales of the company's shares. These transactions were disclosed to comply with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interests by directors, executives, and substantial shareholders.

The transactions took place on April 4, 2025, and involved the sale of shares in the Central Depository Company (CDC) market. Mr. Hassan sold a total of 15,000 shares across multiple transactions. The sales were executed at various rates, ranging from 160.15 to 161.00 per share.

The specific transactions included the sale of 2,988 shares at a rate of 161.00, 510 shares at 160.15, 2,000 shares at 160.16, 6,498 shares at 160.20, 500 shares at 160.21, 999 shares at 160.26, and 1,505 shares at 160.31. Following these sales, Mr. Hassan's cumulative shareholding in the company stood at 28,305 shares.

According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of Mr. Hassan's shareholding remains at 0.00 percent, reflecting no significant change in his stake relative to the overall share distribution of the company.

These transactions fall under the designated market category of 'Ready,' which refers to the immediate settlement of trades. The disclosure illustrates the company's adherence to regulatory requirements, ensuring transparency in the trading activities of its executives.