Thatta Cement Executive Reports Share Purchases

Karachi: Mr. Qaiser Iqbal, General Manager of Thatta Cement Company Limited, has executed two transactions to purchase shares of the company, as disclosed in compliance with clause 5.6.4 of the PSX Regulations. The transactions, which took place on July 3 and July 5, 2024, involved a total of 6,510 shares.

According to information available from the Pakistan Stock Exchange (PSX), the first transaction on July 3 involved the purchase of 5,500 shares at a rate of Rs 33.75 each, while the second transaction on July 5 saw an additional 1,010 shares acquired at Rs 35.49 each. Both purchases were conducted in the ready market and involved shares held in the Central Depository Company (CDC) form.

These transactions will be reviewed at the upcoming board meeting of Thatta Cement Company Limited, where any potential non-compliance issues will be addressed as per regulatory requirements. The company has affirmed its commitment to full transparency and regulatory compliance by reporting these transactions to the exchange.