Karachi: An executive at Habib Bank Limited has sold shares as part of a transaction disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction took place on May 22, 2025, and involved the sale of 1,000 shares at a rate of 155.89 each.
According to the details provided, Syed Azeemushan Afaque Ahmed, who holds the position of General Manager at Habib Bank Limited, executed the sale of shares in the ready market. This transaction is part of the regulatory requirement for the disclosure of interest by relevant persons holding the company's shares.
The sale of 1,000 shares results in a cumulative holding of 11,841 shares by the executive. The cumulative percentage of shares held remains at 0.00. The designated market category for this transaction is CDC.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated to ensure transparency in the trading activities of company insiders, including directors, executives, and substantial shareholders, along with their spouses and minors.
The disclosed transaction reflects the ongoing compliance with PSX regulations by Habib Bank Limited and its executives, ensuring that stakeholders are informed of significant changes in shareholding by influential parties within the company.