Karachi: In a recent disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, First Credit and Investment Bank Limited announced significant trading activities by senior management involving the company's shares. According to the information released, these transactions were executed by Mr. Muhammad Amiin Khatri, a member of the senior management team.
The transactions in question involve a buy and a subsequent sell operation. On May 29, 2026, Mr. Khatri purchased 100 shares at a rate of 44.00 each. This initial acquisition brought the cumulative number of shares held to 100, reflecting a cumulative percentage change of 0.00, indicating no change in his holding status at that time.
Following this purchase, Mr. Khatri proceeded to sell the same quantity of shares, 100 in total, on June 22, 2026, at a rate of 37.10. The sale resulted in the reduction of his shareholding to zero. The cumulative percentage post-transaction also remained at 0.00, signifying no change.
According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight the trading activities of substantial shareholders and senior management, as mandated for public disclosure under regulatory norms. The designated market for these transactions was the ready market, as indicated in the disclosure report.
The trading activities are part of a routine disclosure requirement aimed at maintaining transparency in the financial dealings of individuals holding significant positions within publicly traded companies.