Karachi: Omar Shahab Ghauri, Executive Director of NETSOL Technologies Ltd., has recently purchased 255,000 shares of the company at a rate of Rs. 128.18 per share, as reported on September 26, 2024. This transaction was promptly disclosed under the compliance requirements of PSX Regulation 5.6.4.

This purchase increases Ghauri’s cumulative shareholding in the company to 255,509 shares, representing a 0.29% stake in the company. The shares were acquired through the Central Depository Company (CDC) and reported in the "Ready" form of share certificates.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure by Ghauri aligns with regulatory requirements that mandate timely reporting of transactions by directors, CEOs, executives, and substantial shareholders, as well as their spouses and minors. This ensures transparency in the trading activities of relevant insiders and maintains market integrity.