Habib Bank Limited’s Substantial Shareholder, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, Increases Stake with Multiple Purchases

Karachi, In a series of transactions, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited, has further expanded its stake in the company. The purchases were made on May 10, 2023, and involved the acquisition of various quantities of shares at different rates.

The first transaction occurred on May 10, 2023, when the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT bought 5,000 shares of Habib Bank Limited at a rate of 73.35 per share. This was followed by an additional purchase of 400 shares at a rate of 73.40 per share. Subsequently, the fund acquired 100 shares at a rate of 73.45 per share. The fourth transaction involved the purchase of 4,000 shares at a rate of 73.49 per share. Finally, the AGA KHAN FUND FOR ECONOMIC DEVELOPMENT made a substantial acquisition of 37,307 shares at a rate of 73.50 per share.

All the transactions were executed through the Central Depository Company (CDC) and the shares were in the form of ready certificates.