AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Jahangir Siddiqui and Co. Ltd has disclosed a significant transaction involving the sale of 63,000,000 Class ‘A’ Preference Shares, which took place on July 5, 2024.
According to information available from the Pakistan Stock Exchange (PSX), Jahangir Siddiqui Securities Services Limited sold these shares at a rate of Rs. 8.00 per share through the Negotiated Deal Market (NDM). Following this sale, the remaining holdings of Jahangir Siddiqui Securities Services Limited in Class ‘A’ Preference Shares of the company are 17,401,356 shares. The shares were sold in an electronic form through the Central Depository Company (CDC).
This disclosure is made in accordance with Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange Limited, ensuring transparency and regulatory compliance in reporting significant share transactions.