Karachi: Habib Bank Limited (HBL) has released a mandatory disclosure regarding transactions conducted by individuals possessing significant roles within the company, as required under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This announcement, dated March 18, 2025, details a specific transaction by a high-ranking executive.

The disclosure reveals that Syed Kamran Mehdi Jaffery, a General Manager at HBL, executed a sale of 18,000 shares. The transaction, which occurred on March 10, 2025, involved shares held in the Central Depository Company (CDC) format within the ready market category.

The shares were sold at a rate of 158.00 each, resulting in a cumulative holding of 457 shares for Jaffery post-sale. This transaction represents a cumulative percentage holding of 0.00% within the company.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are part of regulatory requirements designed to ensure transparency in the dealings of company insiders. These requirements mandate that directors, executives, shareholders with substantial stakes, and their immediate family members disclose their transactions in the company’s shares.