Blue-Ex Limited Director Executes Share Purchase

Karachi: Blue-Ex Limited has disclosed a significant transaction executed by one of its directors. Safina Danish, a director at Blue-Ex Limited, purchased 1,501 shares of the company on July 11, 2024. The shares were bought at a rate of PKR 25.86 per share and are registered under CDC form.

This transaction will be reviewed in the upcoming board meeting, with a focus on any potential non-compliance with PSX regulations, particularly clause No. 5.6.1(d). According to information available from the Pakistan Stock Exchange (PSX), the company has also confirmed that the holding period for these shares exceeds six months. Should this period be less than six months, any profits from these transactions are to be returned to the Securities and Exchange Commission of Pakistan (SECP), as mandated by Section 105 of the Securities Act, 2015, with corresponding notification to PSX.

The confirmation and details of this transaction underscore the transparency and regulatory adherence emphasized by Blue-Ex Limited in its operations and reporting.