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Karachi, Siddiqsons Tin Plate Limited, a leading manufacturer of tinplate and related products, has announced significant share purchases made by one of its Non-Executive Directors, Mr. Muhammad Tariq Rafi. The details of the transactions are as follows:
1. Mr. Muhammad Tariq Rafi (Non-Executive Director) – On May 5, 2023, purchased 4,000 shares of Siddiqsons Tin Plate Limited at a rate of 6.95 PKR per share in the form of CDC Ready certificates.
2. Mr. Muhammad Tariq Rafi (Non-Executive Director) – On May 5, 2023, acquired an additional 4,500 shares of Siddiqsons Tin Plate Limited at a rate of 6.79 PKR per share in the form of CDC Ready certificates.
3. Mr. Muhammad Tariq Rafi (Non-Executive Director) – On May 5, 2023, purchased 500 shares of Siddiqsons Tin Plate Limited at a rate of 6.80 PKR per share in the form of CDC Ready certificates.
4. Mr. Muhammad Tariq Rafi (Non-Executive Director) – On May 9, 2023, bought a substantial number of 100,500 shares of Siddiqsons Tin Plate Limited at a rate of 6.50 PKR per share in the form of CDC Ready certificates.
These transactions reflect Mr. Muhammad Tariq Rafi’s confidence and belief in the growth potential and future prospects of Siddiqsons Tin Plate Limited. As a Non-Executive Director, Mr. Rafi’s increased shareholding further aligns his interests with the company’s success and long-term value creation.
The market and stakeholders will closely monitor the impact of these share purchases on Siddiqsons Tin Plate Limited’s stock performance and overall market sentiment. Mr. Muhammad Tariq Rafi’s continued investment in the company demonstrates his confidence in its management, strategic direction, and potential for sustained growth.
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