Habib Bank Limited Executive Sells Shares: Disclosure Under PSX Regulation

Karachi: Habib Bank Limited has disclosed a transaction involving the sale of shares by an executive member of the bank, in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. According to official records, Syed Taha Afzal, a General Manager at the bank, executed a sale of 2,000 shares on May 13, 2025.

The transaction was carried out in the ready market, with each share sold at a rate of 158.20. Following this sale, the cumulative number of shares held by the executive stands at 8,278, maintaining a cumulative percentage of 0.00.

The disclosure of such transactions is mandated by the PSX to ensure transparency and integrity in market dealings. According to information available from the Pakistan Stock Exchange (PSX), disclosures are necessary for transactions carried out by directors, CEOs, executives, substantial shareholders, and their immediate family members.

Habib Bank Limited operates under the designated market category of banking and financial services. The bank's compliance with PSX regulations underscores its commitment to adhering to market transparency standards.