Karachi: Sapphire Fibres Limited has reported a series of significant share transactions executed by its directors, executives, and their spouses, reflecting substantial investment activities within the company. The disclosure, dated June 8, 2026, was made under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, detailing the acquisition of shares as part of a merger process conducted on June 5, 2026.

According to the report, Shahid Abdullah, an Executive Director, acquired a total of 22,571 shares across two transactions. The shares, acquired in physical and CDC form, were transacted at a consistent rate resulting in a cumulative holding of 45,104 shares, representing a 0.18% stake in the company.

Shireen Shahid, the spouse of Shahid Abdullah, and also an Executive Director, executed a merger-in transaction acquiring 52,144 shares. This transaction increased her total shareholding to 73,274 shares, accounting for 0.29% of the company's shares.

Shayan Abdullah, a Non-Executive Director, similarly engaged in dual transactions, acquiring a total of 47,718 shares. Post-transaction, Shayan Abdullah's cumulative shareholding stands at 79,356 shares, or 0.32% of the total shares.

Nadeem Abdullah, another Non-Executive Director, merged-in a total of 38,362 shares, now holding 67,068 shares in total, corresponding to a 0.27% stake.

Noshaba Nadeem, the spouse of Nadeem Abdullah, executed one of the most significant individual transactions, acquiring 102,980 shares. Her total shareholding now amounts to 112,939 shares, marking a 0.45% shareholding in the company.

The transactions also included Amer Abdullah, an Executive Director, who acquired 25,755 shares, bringing his cumulative holdings to 75,427 shares, which represents a 0.30% stake.

According to information available from the Pakistan Stock Exchange (PSX), these transactions come as part of an internal merger-in process within the company, reflecting a concentrated accumulation of shares by key individuals associated with Sapphire Fibres Limited. The transactions were uniformly executed at a rate of 10.00, indicating a structured and strategic approach to shareholding consolidation.

These developments highlight the strategic maneuvers by Sapphire Fibres Limited's leadership to consolidate their holdings within the company during a period marked by significant corporate activities.