Shifa International Hospitals Ltd. Executive Buys Shares Amidst Regulatory Disclosure

Islamabad: Shifa International Hospitals Ltd. has announced a recent transaction involving the acquisition of company shares by a senior management member, Mr. Rashid Javed. The disclosure, required under section 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, provides insights into the trading activities of company executives and substantial shareholders.

On May 5, 2025, Mr. Javed, a member of the senior management at Shifa International Hospitals Ltd., executed a purchase of 50 shares at the rate of 400.00 per share. This transaction was conducted through the Central Depository Company (CDC), a prominent trading mechanism within the designated market category. Following this purchase, Mr. Javed's cumulative shareholding in the company stands at 3,050 shares, maintaining a cumulative percentage of 0.00%.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are part of regulatory requirements aimed at ensuring transparency and accountability within publicly listed companies. The stock exchange mandates the publication of these transactions to keep market participants informed of the trading activities of key company stakeholders.

Shifa International Hospitals Ltd. has followed the requisite protocols in notifying the TRE Certificate Holders of the Exchange, thereby adhering to the regulatory framework that governs disclosure of interest by directors, executives, and substantial shareholders. This transparency is intended to facilitate informed decision-making by investors and other market participants.