Director of Feroze1888 Mills Limited and Spouse Acquire Significant Shares in the Company

Karachi, In a recent disclosure, Feroze1888 Mills Limited revealed that its Director, Adeel Yahya, along with his spouse, has made notable share acquisitions in the company. The details of these transactions are as follows:

On June 9, 2023, Adeel Yahya, a senior management executive, purchased 1000 shares of Feroze1888 Mills Limited at a rate of 78.62. The form of share certificates used for this transaction was CDC, and the shares were in the ready market.

Additionally, on the same date, Adeel Yahya, once again, acquired 1000 shares of the company. The purchase was made at a rate of 79.51, utilizing CDC share certificates and executing the transaction in the ready market.

These significant acquisitions by the Director, along with the involvement of his spouse, indicate a vested interest in the future performance and growth of Feroze1888 Mills Limited. Such actions from key individuals within the company often signal confidence in the company’s prospects and can influence investor sentiment.