Karachi: In a recent disclosure under Pakistan Stock Exchange (PSX) Regulation 5.6.4, Habib Bank Limited announced a transaction executed by one of its executives. On February 13, 2025, Habib Bank Limited, a prominent player in the financial sector, revealed that Mr. Saulat Ali Khan, the General Manager (Executive) of the company, sold a significant number of shares.

According to the information provided, Mr. Saulat Ali Khan executed the sale of 10,955 shares in the ready market segment. The transaction took place on February 4, 2025, with each share sold at a rate of 172.80. The cumulative number of shares held by Mr. Khan following this sale stands at zero, reflecting a cumulative percentage of 0.00% in the company's shares.

The transaction was carried out in compliance with the PSX regulations, specifically Regulation 5.6.4, which mandates the disclosure of share transactions by directors, executives, and substantial shareholders, along with their spouses and minors. This regulation aims to maintain transparency and ensure market integrity.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for investors and stakeholders to understand the trading activities of key individuals within the company. These activities could potentially influence market perceptions and investor decisions.

Habib Bank Limited, a leading financial institution, continues to uphold its commitment to regulatory compliance and transparency within the designated market category. The bank's adherence to PSX regulations underscores its dedication to fostering trust and confidence among its investors and stakeholders.