AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Pioneer Cement Limited has disclosed the details of three transactions executed by Maple Leaf Cement, a substantial shareholder and associate of Maple Leaf Capital, in shares of the company.
On May 2, 2023, Maple Leaf Cement purchased 800,000 shares of Pioneer Cement Limited at a rate of 73.90 per share through the Central Depository Company (CDC).
On May 3, 2023, Maple Leaf Cement further increased its stake in Pioneer Cement Limited by purchasing 4,321,046 shares at a rate of 76.62 per share through the CDC.
On May 4, 2023, Maple Leaf Cement made another purchase of 2,700,000 shares of Pioneer Cement Limited at a rate of 84.66 per share through the CDC.
These transactions have been disclosed in accordance with the regulations of the Pakistan Stock Exchange, which require directors, CEOs, executives, their spouses, and substantial shareholders of listed companies to disclose any interest or transactions in shares of the company.