Karachi: LSE Ventures announced that Aftab Ahmad, an executive at the firm, has purchased 22,397 shares on September 25, 2024, at a rate of 7.60 per share. This transaction was conducted in compliance with the regulations, particularly under clause No.5.6.4 of the PSX regulation, which mandates the disclosure of share acquisitions by executives to ensure transparency.
The shares, issued in the ready form, are held electronically in the Central Depository Company (CDC), reflecting a modern approach to shareholding. According to information available from the Pakistan Stock Exchange (PSX), the total transaction amounted to approximately 170.22 million, marking a significant investment by the executive in the company.
The company has confirmed that this transaction will be reviewed in the upcoming board meeting to ensure all corporate governance and regulatory requirements are maintained. LSE Ventures emphasizes its commitment to uphold high standards of transparency and compliance with all relevant market regulations to maintain trust among its investors and stakeholders.