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Karachi: LSE Capital has announced that its executive, Muhammad Usman, acquired 85 shares of the company on September 5, 2024, adhering to the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which governs the disclosure of interest by directors, CEOs, or executives of listed companies and their spouses and substantial shareholders.
The transaction involved the purchase of shares at a rate of Rs. 3.45 each, executed in the ready market through the CDC (Central Depository Company) form of share certificates. According to information available from the Pakistan Stock Exchange (PSX), this transaction will be reviewed in the upcoming board meeting, where any potential non-compliance issues will be addressed as mandated by the PSX regulations.
The company has confirmed the transaction and stated that it will ensure transparency and compliance with regulatory requirements. The details of the transaction have been communicated to market participants as part of the company’s commitment to uphold market integrity and shareholder trust.
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