Shifa International Hospitals Reports Transaction by CEO in Company Shares

Islamabad: Shifa International Hospitals Ltd. has disclosed a notable transaction involving its Chief Executive Officer, Dr. Zeeshan Bin Ishtiaque, under the Pakistan Stock Exchange regulations. The announcement, made on July 14, 2026, details the purchase of shares by the CEO, reflecting an active engagement in the company's financial activities.

According to the disclosure, Dr. Ishtiaque executed a transaction in the form of Central Depository Company (CDC) shares within the ready market on July 14, 2026. The nature of the transaction was a purchase involving 1,850 shares at a rate of 525.27 per share. This acquisition brings the CEO's cumulative shareholding in the company to 310,722 shares, representing a 0.49% stake.

This transaction falls under the category of a minor move, given the percentage change in shareholding. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated to ensure transparency and inform stakeholders of significant share dealings by company executives.

The detailed announcement highlights Shifa International Hospitals' compliance with PSX regulations, particularly under section 5.6.4, which pertains to the disclosure of interests by directors, CEOs, executives, their spouses, and substantial shareholders. This regulatory framework aims to maintain market integrity and investor confidence by providing timely and accurate information about insider transactions.