IGI Holdings Limited’s Non-Executive Director’s Spouse Purchases Multiple Shares in the Company

Karachi, IGI Holdings Limited's Non-Executive Director, Perwin Babar Ali, disclosed her interest in the company after executing ten different transactions on May 3, 2023, to buy shares of the company. The details of the transactions are as follows:

Perwin Babar Ali bought 10,000 shares of IGI Holdings Limited at a rate of 85.98 per share. She also bought 15,100 shares at a rate of 88.15 per share, followed by another 12,600 shares at a rate of 86.00 per share. Furthermore, she bought 15,000 shares at a rate of 85.99 per share, and 1,000 shares at a rate of 85.75 per share.

Additionally, Perwin Babar Ali executed four smaller transactions. She bought 200 shares at a rate of 88.14 per share, followed by 400 shares at a rate of 87.85 per share, 100 shares at a rate of 87.90 per share, and 200 shares at a rate of 87.49 per share. In her final transaction, she bought 6,000 shares at a rate of 88.00 per share.

Overall, Perwin Babar Ali bought a total of 61,600 shares in IGI Holdings Limited at an average rate of 86.45 per share. This disclosure of interest by a substantial shareholder is a positive sign for the company's outlook and indicates confidence in its future prospects.