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Substantial Shareholder Buys Shares of First Paramount Modaraba

Karachi, First Paramount Modaraba has announced a transaction involving its substantial shareholder, Asif Nathani. Nathani purchased 9,500 shares of the company on May 29, 2024, at a rate of PKR 8.00 per share. The shares were acquired in the ready market and are held in CDC form.

According to information available from the Pakistan Stock Exchange (PSX), The transaction will be reviewed in the upcoming board meeting, where any non-compliance issues will be addressed as per the requirements of PSX Regulation 5.6.1.(d). First Paramount Modaraba has confirmed that details of this transaction have been disclosed to the Exchange and will be disseminated to market participants.

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