Karachi: On February 11, 2025, Habib Bank Limited (HBL) disclosed a notable transaction involving an executive's dealings in the company's shares, complying with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This regulation mandates the disclosure of interests by directors, CEOs, executives, substantial shareholders, and their relatives in the company's shares.

The transaction was executed by Syed Arsalan Qutb, a General Manager at HBL, who sold 2,000 shares. The sale was conducted in the Central Depository Company (CDC) under the 'Ready' market category. The transaction took place on February 10, 2025, with each share priced at 163.25.

According to information available from the Pakistan Stock Exchange (PSX), this transaction resulted in a cumulative holding of 12,775 shares by Syed Arsalan Qutb, maintaining a cumulative percentage of 0.00% in the company's overall shareholdings.

The disclosure underscores the transparency and adherence to regulatory requirements by Habib Bank Limited, ensuring that all stakeholders are informed about significant transactions by relevant individuals within the organization.