AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Shifa International Hospitals Limited has reported recent transactions by its CEO, Dr. Zeeshan Bin Ishtiaque, involving the purchase of company shares, according to information available from the Pakistan Stock Exchange (PSX).
The disclosures, mandated under section 5.6.4 of the PSX Regulations regarding interest by directors, CEOs, or executives and their spouses or substantial shareholders, detail the acquisition of 3,600 shares by Dr. Ishtiaque on two separate occasions. On July 24, 2024, and again on July 25, 2024, he purchased 1,800 shares each day at a rate of 138.20 per share through the Central Depository Company (CDC).
This move to increase his holdings in the company was officially communicated to the certificate holders of the exchange as per regulatory requirements. The transactions underscore the ongoing engagements of top executives in the operations and ownership stakes within their respective companies, reflecting a direct interest in the company’s market performance and shareholder value.