Director and Executive of Nestle Pakistan Limited Disclose Transactions Involving Substantial Shareholdings

Karachi, In a recent development, Nestle Pakistan Limited has witnessed the disclosure of interest by a director, CEO, and executive, along with their spouses and substantial shareholders, regarding certain transactions involving the company’s shares. The details of these transactions are as follows:

1. Syed Babar Ali, a non-executive director, executed a gift transaction on June 1, 2023. The transaction involved the transfer of 512,191 shares, with a rate of 0.00. The shares were in the form of Shari Certificates and were traded through the Central Depository Company (CDC).

2. Another non-executive director, Syed Hyder Ali, also engaged in a gift transaction on the same date. This transaction involved the acquisition of 512,191 shares, with a rate of 0.00. Similar to the previous transaction, the shares were traded through the Central Depository Company (CDC).