AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, A substantial transaction occurred on the Pakistan Stock Exchange as detailed in a recent disclosure under regulation 5.6.4, which governs the disclosure of interests by directors, CEOs, or executives of listed companies and their spouses and significant shareholders.
The transaction involved Modaraba Al Mali, a substantial shareholder, purchasing 50,000 shares of LSE Ventures Limited. The transaction was executed on April 29, 2024, with shares bought at a rate of 4.45 each. These shares were acquired in the ready market and are held in CDC form.
The company has announced that this transaction will be reviewed in the forthcoming board meeting, where any potential non-compliance issues highlighted will be addressed as per the requirements of PSX Regulation 5.6.4.
The Pakistan Stock Exchange has been notified about this transaction and the information has been disseminated to market participants as mandated by the regulations.