Tri-Pack Films Limited Announces Recent Share Purchase by Director

Karachi: A recent transaction on the Pakistan Stock Exchange has seen Aamir Hussain Shirazi, an Independent Director at Tri-Pack Films Limited, acquire 100 shares of the company. The transaction, reported on October 4, 2024, involved shares valued at 111.99 per share.

According to information available from the Pakistan Stock Exchange (PSX), the shares were purchased in a 'Ready' form through the CDC, marking a direct investment by Shirazi into the company. This move brings Shirazi's total holdings to 100 shares, currently accounting for a 0.00% stake in the company.

The transaction is part of a regulatory requirement that mandates the disclosure of any share acquisitions by major stakeholders and company executives, as stipulated under PSX regulation 5.6.4. Tri-Pack Films Limited has duly informed the Pakistan Stock Exchange, ensuring transparency and compliance with market regulations.

The disclosure requirements aim to provide the market and investors with timely information on significant transactions that might affect the governance and financial landscape of publicly listed companies.