Pakistan Company News

Shifa International Hospitals Limited: Disclosure of Interest by Executive in Company Shares

Karachi, Dr. Zeeshan Bin Ishtiaque, an Executive of Shifa International Hospitals Limited, has executed two transactions involving the purchase of shares in the company, according to a disclosure of interest notice released by the company.

On May 3, 2023, Dr. Ishtiaque bought 400 shares in the company at a rate of Rs. 122.50 per share, while on May 5, 2023, he purchased 2,000 shares at a rate of Rs. 126.00 per share. Both transactions were executed through the Central Depository Company (CDC).

The disclosure of interest notice is a requirement under the Listing Regulations of the Pakistan Stock Exchange, which mandate that listed companies disclose any transaction involving shares executed by directors, CEOs, executives, their spouses, or substantial shareholders.