Jahangir Siddiqui Increases Stake in Jahangir Siddiqui and Co. Ltd.

Karachi: In a recent move reflecting his ongoing investment activities, Mr. Jahangir Siddiqui has acquired an additional 35,198 Class 'A' Preference Shares of Jahangir Siddiqui and Co. Ltd., bringing his total shareholding to 139,521,233 as of August 20, 2024.

This acquisition is detailed under clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited, marking a notable development in Mr. Siddiqui's involvement with the company. According to information available from the Pakistan Stock Exchange (PSX), the shares were acquired over several transactions conducted through the Ready Market, with settlements done electronically in the Central Depository Company (CDC).

Details of the transactions are as follows:

- On August 19, 2024, 5,200 shares were purchased at a price of PKR 7.74 per share.

- On the same day, an additional 25,000 shares were acquired at PKR 7.75 each.

- On August 20, 2024, a further 4,998 shares were purchased at the same price of PKR 7.75.

The disclosure is in compliance with the Securities Act of 2015 and the regulations set forth in the PSX Rule Book, ensuring transparency and regulatory adherence in the process.