Murree Brewery Senior Management Engages in Share Transactions

Rawalpindi: Murree Brewery Company Limited has disclosed a transaction involving its senior management in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction, executed by a member of the senior management, highlights the ongoing interest of company insiders in the shares of the company.

According to the disclosure, Syed Tanveer Hussain Kazmi, a member of the senior management team at Murree Brewery, executed a purchase of 100 shares on January 10, 2025. The shares were acquired at a rate of 799.90 per share, through the Central Depository Company (CDC) in the ready market. Following this transaction, the cumulative number of shares held by Kazmi reached 1,000, although this represents a negligible cumulative percentage of the total shareholding.

This transaction is part of the company's transparency obligations as outlined by PSX regulations, specifically Regulation 5.6.4, which mandates the disclosure of share transactions by directors, executives, substantial shareholders, and their immediate family members.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining market integrity and investor confidence, ensuring that all stakeholders are informed of insider activities that may influence the company's market position.

Murree Brewery operates within the market category of beverages and alcoholic products, making it one of the oldest and most well-known companies in this sector in Pakistan. The transaction by Kazmi underscores the potential for continued interest in the company's shares by those closely associated with its operations.