Substantial Shareholder Aga Khan Fund for Economic Development Increases Stake in Habib Bank Limited

Business & Finance

Karachi, the Aga Khan Fund for Economic Development, a substantial shareholder of Habib Bank Limited, has increased its stake in the company through multiple transactions. The details of these transactions, executed by the fund and its representatives, are as follows:

On May 25, 2023, the Aga Khan Fund for Economic Development purchased 1,000 shares of Habib Bank Limited at a rate of 72.49 per share. The transaction was carried out through the Central Depository Company (CDC) and the shares were in ready form.

Additionally, on the same day, the fund made another substantial purchase, buying 13,000 shares of the company at a rate of 72.50 per share. These shares were also in ready form through the CDC.

Furthermore, the Aga Khan Fund for Economic Development executed several more transactions on May 25, 2023, acquiring shares of Habib Bank Limited as follows:

2 shares at a rate of 72.61 per share

1,498 shares at a rate of 72.66 per share

1,000 shares at a rate of 72.70 per share

237,521 shares at a rate of 72.75 per share

3,500 shares at a rate of 72.80 per share

8,000 shares at a rate of 72.81 per share

197 shares at a rate of 72.99 per share

548,279 shares at a rate of 73.00 per share

All these transactions were conducted through the CDC, and the shares were in ready form.