Power Cement Limited Discloses Share Transactions by Non-Executive Director’s Spouse

Karachi: Power Cement Limited has disclosed a significant transaction involving the purchase of shares by Anna Samad, the spouse of Samad A. Habib, who is a Non-Executive Director of the company. This disclosure is in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4, which requires relevant persons to report their transactions in company shares.

On December 31, 2024, Anna Samad executed a purchase of 25,000 shares of Power Cement Limited. The shares were acquired in the ready market at a rate of 9.19 per share. This transaction marks the initial buildup of shares by Anna Samad, bringing her cumulative number of shares to 25,000, which currently represents a 0.00% holding in the company's total share capital at this stage.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and trust in the market. The designated market for these transactions is the Pakistan Stock Exchange, where Power Cement Limited is listed.

The purchase by Anna Samad signifies confidence in the company's future prospects and aligns with the regulatory framework intended to ensure that all market participants are informed of trades made by insiders and their close associates.