Karachi: In a recent development, Habib Bank Limited (HBL) disclosed a significant transaction involving its shares, as required under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This announcement, dated February 11, 2025, highlights the activity of a key executive within the company regarding the sale of shares.

The transaction details reveal that Mr. Saulat Ali Khan, General Manager and an executive at Habib Bank Limited, executed a sale of shares in the company. Specifically, the transaction involved the sale of 14,186 shares on February 6, 2025. The shares were sold at a rate of 169.76 per share, resulting in a cumulative holding of 10,955 shares, which represents a cumulative percentage of 0.00% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the sale was conducted in the 'Ready' market, utilizing the Central Depository Company (CDC) for the share certificate form. The transaction underscores the bank's commitment to maintaining transparency and adhering to regulatory requirements concerning the disclosure of interest by relevant persons.

As per the designated market category, this transaction falls under the regulatory oversight of the PSX, ensuring that all stakeholders are informed about significant changes in shareholding by key executives and substantial shareholders. The disclosure is part of Habib Bank Limited's ongoing efforts to ensure compliance with market regulations and to provide timely and accurate information to its investors and the general public.