Shifa International Hospitals Ltd. Executive Acquires Company Shares

Islamabad: A senior management figure at Shifa International Hospitals Ltd., Mr. Basharat Ullah, has acquired 29 shares of the company at a rate of Rs. 157.72 each, as recorded on June 21, 2024. This transaction, facilitated through the Central Depository Company (CDC), adheres to the regulatory framework outlined in section 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, which governs disclosures of interest by directors, CEOs, executives, their spouses, and substantial shareholders.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure highlights the ongoing compliance and transparency in the dealings of corporate executives within the market. The acquisition by Mr. Ullah, who holds a senior management role, reflects a continued confidence in the governance and performance of Shifa International Hospitals Ltd. The company has duly informed the Certificate Holders of the Exchange regarding this transaction.

This development is part of the broader regulatory requirements that ensure all significant share transactions by senior company officials are transparently reported to maintain fair trading practices on the Pakistan Stock Exchange. The price of the shares, totaling Rs. 4,573.88, illustrates the level of investment and the ongoing financial activities involving the company’s leadership.

The post Shifa International Hospitals Ltd. Executive Acquires Company Shares appeared first on .