Substantial Shareholder Buys 350,000 Shares in LSE Ventures Limited

Karachi, In a recent financial transaction disclosed to the Pakistan Stock Exchange (PSE), Modaraba Al Mali, a substantial shareholder in LSE Ventures Limited, has acquired 350,000 shares of the company. The transaction took place on March 15, 2024, with shares purchased at a rate of 4.46 per share. The shares were acquired in the ready market and were documented through the Central Depository Company (CDC).

This significant transaction underscores the active engagement of substantial shareholders in the operations and financial movements within LSE Ventures Limited. The company has confirmed that this transaction will be reviewed in the subsequent board meeting. This review will include an examination of any non-compliances as per clause No.5.6.4 of the PSX Regulations. The findings and the details of the transaction will be duly presented for consideration and confirmation to the Exchange as mandated.

The announcement serves to keep the market participants informed about the significant financial activities involving the key stakeholders of LSE Ventures Limited, ensuring transparency and adherence to the regulatory requirements set forth by the Pakistan Stock Exchange.