Disclosure Transaction of Ibrahim Fibres Shares by Ibrahim Holdings

Karachi: A notable transaction was recorded involving Ibrahim Fibres Limited. The transaction details are as follows: Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fibres, purchased 21 shares at a rate of 350.00 per share on September 10, 2024. According to information available from the Pakistan Stock Exchange (PSX), the shares were acquired in a ready market category and were documented in the Central Depository Company (CDC) form.

This transaction will be reviewed in the forthcoming board meeting of Ibrahim Fibres Limited, where any non-compliances noted will be addressed as mandated by clause No. 5.6.4 of PSX Regulations. The company has confirmed adherence to the holding period regulations. If the holding period for these transactions is less than six months, a cheque equivalent to the profit will be deposited with the Securities and Exchange Commission of Pakistan (SECP), in compliance with Section 105 of the Securities Act, 2015, and the details will be duly intimated to PSX.

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