Lahore: Ibrahim Fibres Limited has announced a significant transaction involving its substantial shareholder, Ibrahim Holdings (Pvt.) Ltd. The disclosure, made in accordance with the Pakistan Stock Exchange's (PSX) Regulation 5.6.4, highlights a notable buy transaction executed by the sponsor.
On April 4, 2025, Ibrahim Fibres Limited disclosed the acquisition of shares by Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of the company. The transaction involved the purchase of 1,325 shares at a rate of 350.00 per share. This purchase has resulted in a cumulative shareholding of 285.08 million shares, representing 91.81% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the market category of 'Ready' and was executed in the form of CDC share certificates. The transaction date was recorded as April 3, 2025.
This disclosure of interest by relevant persons holding the company's shares underscores the substantial shareholder's continued investment and confidence in Ibrahim Fibres Limited's future growth and prospects.