Karachi: A recent transaction involving the sale of shares by a key figure at Habib Insurance Company Limited has been disclosed, highlighting activity within the company’s stock holdings. The sale, conducted by a non-executive director, is part of the regulatory requirements under the Pakistan Stock Exchange.

According to the information made available, Mansoor G. Habib, a non-executive director at Habib Insurance Company Limited, executed a sale of 50,000 shares on July 16, 2025. The shares were sold at a rate of 16.86 per share. This transaction was carried out in the ready market and was facilitated through the Central Depository Company (CDC) system.

The cumulative number of shares held following this transaction stands at 50,000, with the cumulative percentage of ownership remaining at 0.00%. The nature of the transaction indicates that all shares sold were previously held by Mansoor G. Habib.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are a part of compliance with PSX Regulation 5.6.4, which mandates transparency and accountability in the trading activities of directors, executives, and substantial shareholders within publicly listed companies.

The designated market category for these transactions is the ready market, which refers to the market for freely tradeable securities that can be bought or sold with immediate settlement. The sale of shares by a non-executive director is a standard practice within corporate governance, ensuring that all stakeholders are informed of significant changes in shareholding patterns.

The transaction represents a minor move in terms of share price impact, based on the defined scale for categorizing percentage changes.