Karachi: Habib Bank Limited has disclosed a recent transaction involving one of its executives, in accordance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. On November 29, 2024, Mr. Sami Aziz, an executive of the bank, executed a sale of 10,000 shares at a rate of 178.30 per share in the ready market. Following this transaction, Mr. Aziz's cumulative shareholding stands at 20,968 shares, representing 0.00 percent of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), the transaction was conducted in compliance with the required disclosure norms. The form of the share certificate involved in this transaction was CDC, which refers to the Central Depository Company, a key institution in facilitating the trade of securities in Pakistan.
The disclosure of interest by relevant persons holding the bank's shares is part of the broader regulatory framework aimed at maintaining transparency and safeguarding investor interests. This transaction reflects adherence to the stipulated guidelines under PSX regulations, ensuring that all stakeholders are informed of significant changes in shareholdings by key personnel within the organization.