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KARACHI: Cordoba Logistics and Ventures Limited has disclosed a recent share transaction involving Mr. Arif Elahi, who acquired 310,790 shares of the company from July 3, 2024, to July 9, 2024. This purchase represents 0.43% of the total issued and paid-up capital of the company.
The shares were acquired in regular market transactions. According to information available from the Pakistan Stock Exchange (PSX), this acquisition increases Mr. Elahi’s stake in Cordoba Logistics and Ventures Limited. It should be noted that Mr. Arif Elahi is closely related to Mr. Danish Elahi, the Director and CEO of the company, who currently holds 73.63% of the shares.
This transaction is significant as it reflects a continuing interest from key insiders of the company in increasing their ownership stakes. The company has made this disclosure in compliance with Section 96 of the Securities Act, 2015, read with Clause 5.6.1 of the PSX Regulations. This information has been conveyed to THE Certificate Holders of the Exchange as mandated by regulatory requirements.