Karachi, Lucky Cement Limited has notified the Pakistan Stock Exchange (PSE) of a share purchase by a member of its senior management. According to the disclosure, An Shahab Siddiqui, a senior management official, bought 740 shares of the company. The transaction, reported under clause 5.6.1.(d) of the PSX Regulations, did not specify the rate as the shares were acquired in physical form.
This move demonstrates the confidence of Lucky Cement’s senior management in the company’s prospects, aligning with the regulatory requirements to disclose transactions by directors, CEOs, executives, their spouses, and substantial shareholders. Such disclosures ensure transparency and maintain investor confidence in the market’s integrity.
Lucky Cement has affirmed its commitment to adherence to PSX regulations by promptly reporting this transaction. It is part of the company’s ongoing efforts to ensure compliance and transparency in its dealings, reinforcing the trust of its investors and stakeholders.
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