Karachi: Kohat Cement Company Limited has reported a significant transaction involving one of its directors, Hijab Tariq, as part of its compliance with the Pakistan Stock Exchange's regulation 5.6.4. The disclosure, made public in accordance with regulatory requirements, reveals that Hijab Tariq executed a sale of 10,000 shares in the company.
According to the details provided, the transaction was conducted through the Central Depository Company (CDC) on May 19, 2025. The shares were sold at a rate of 384.54 per share. Following this transaction, Hijab Tariq's cumulative shareholding in Kohat Cement Company Limited stands at 33,626,352 shares, which represents 18.29% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), the transaction is part of routine disclosures required of directors and significant shareholders. Such disclosures are crucial for maintaining transparency and ensuring that investors are informed about changes in shareholding by individuals who are closely associated with the management of the company.
The designated market category for Kohat Cement Company Limited is the construction materials sector, focusing on the production and marketing of cement.