First Elite Capital Modaraba Discloses Director’s Purchase of Shares

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Karachi, First Elite Capital Modaraba has revealed that one of its directors, Nauman Rathore, who is also a substantial shareholder, executed a transaction involving the purchase of shares in the company. The details of the transaction are as follows:

Name of Person: Nauman Rathore (Substantial Shareholder)

Date of Transaction: June 07, 2023

Nature: BUY

Number of Shares: 11,000

Rate: Rs. 3.01

Form of Share Certificates: CDC Ready

First Elite Capital Modaraba confirms that this transaction will be presented in the subsequent board meeting, along with any necessary highlighting of non-compliance, as required under clause No. 5.6.1(d) of PSX Regulations. The company will seek the board’s consideration and confirm the details to the Exchange.