AGA KHAN FUND FOR ECONOMIC DEVELOPMENT Increases Stake in Habib Bank Limited with Substantial Share Purchases

Karachi, The AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited, has made significant purchases of shares in the company, according to the disclosure of interest by the director, CEO, executives, their spouses, and substantial shareholders. The transactions were executed on May 29, 2023, and involved the acquisition of a substantial number of shares.

In the first transaction, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT purchased 4,000 shares of Habib Bank Limited at a rate of 72.72. The shares were acquired in the form of CDC ready certificates.

Continuing with their investment, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT executed a second transaction on the same day, buying 2,500 additional shares of the company at a rate of 72.75. Once again, the shares were acquired in the form of CDC ready certificates.

Further reinforcing their position, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT conducted a third transaction, purchasing 16,783 shares of Habib Bank Limited at a rate of 72.80. These shares, like the previous ones, were obtained in the form of CDC ready certificates.