Senior Management Buys Shares in Shifa International Hospitals Limited

Islamabad, In a recent disclosure to the Pakistan Stock Exchange, significant transactions in the shares of Shifa International Hospitals Limited have been executed by members of the hospital’s senior management. The transactions were reported in accordance with the Pakistan Stock Exchange Regulation 5.6.1.(d), concerning the disclosure of interest by directors, CEOs, executives, their spouses, and substantial shareholders.

On March 4, 2024, Mr. Muhammad Saeed, a member of the senior management, acquired 200 shares of Shifa International Hospitals Limited at a rate of 139.40 per share. Additionally, Mr. Amer Farooq, also part of the senior management, purchased 100 shares at a price of 137.05 per share. Furthermore, Mr. Rashid Javed, another senior management executive, bought 400 shares at 137.01 per share on the same day. The transactions did not end there; on March 5, 2024, Mr. Rashid Javed further increased his investment in the company by acquiring an additional 1000 shares, this time at a rate of 134.79 per share. All transactions were conducted through the Central Depository Company (CDC) and were completed in the market.

The Pakistan Stock Exchange has been informed of these transactions and has advised TRE Certificate holders accordingly.