Disclosure Reveals Significant Share Transactions by IGI Holdings Director and Spouse

Karachi, IGI Holdings Limited has revealed significant share transactions involving key individuals associated with the company. The details of these transactions are as follows:

1. Perwin Babar Ali, the spouse of Syed Babar Ali, a Non-Executive Director of IGI Holdings, executed a GIFT OUT transaction on June 8, 2023. A total of 2,898,055 shares were involved in this transaction, with a rate of 0.00. The form of share certificates used was CDC (Central Depository Company), and the market information is currently unavailable.

2. Syed Hyder Ali, also a Non-Executive Director of IGI Holdings, executed a GIFT IN transaction on the same day, June 8, 2023. This transaction involved 2,898,055 shares with a rate of 0.00. Similar to the previous transaction, CDC was the form of share certificates used, and the market information is currently unavailable.

These disclosures shed light on the activities of key individuals associated with IGI Holdings Limited and their significant share transactions. The reasons behind these transactions, as well as their potential impact on the company’s overall dynamics, remain to be seen. Further details regarding the market and other aspects of these transactions are expected to be released in due course.