Islamabad: Shifa International Hospitals Ltd. has disclosed recent share transactions executed by an independent director of the company in accordance with the Pakistan Stock Exchange (PSX) regulations. The announcement pertains to the sale of shares by Mohammad Salim Khan, an independent director, under the disclosure of interest requirements for directors, CEOs, executives, their spouses, and substantial shareholders.
According to the details provided, Mohammad Salim Khan executed three separate transactions involving the sale of shares in Shifa International Hospitals Ltd. The transactions were carried out over three consecutive days in May 2025. On May 12, 2025, Khan sold 500 shares at a rate of 425.09 per share, resulting in a cumulative total of 115,968 shares, maintaining a cumulative percentage of 0.18.
On the following day, May 13, 2025, Khan continued his transactions by selling an additional 1,000 shares at a rate of 448.96 per share. This transaction reduced the cumulative number of shares to 114,968, while the cumulative percentage remained unchanged at 0.18.
The final transaction took place on May 14, 2025, where Khan sold 500 more shares at a rate of 447.01 per share. This sale brought the cumulative shareholding down to 114,468, with the cumulative percentage still at 0.18.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were executed in the ready market category and were duly reported as per the regulations. The disclosure serves to inform the TRE Certificate Holders of the Exchange about the changes in shareholding by a key figure within the company.