Karachi, Mrs. Perwin Babar Ali, the spouse of Syed Babar Ali who is an executive at Packages Limited, executed a purchase of 4,500 shares on June 10, 2024. The shares were acquired at a rate of 473.91 per share, using ready form of share certificates through the CDC market, According to information available from the Pakistan Stock Exchange (PSX).

This transaction will be reviewed in the next board meeting of Packages Limited, where any potential non-compliance with PSX Regulations clause No. 5.6.1.(d) will be highlighted and addressed. The company confirms that the holding period for these shares exceeds six months, complying with regulatory requirements.

In cases where the holding period is less than six months, any profit gained from the shares must be returned to the SECP under Section 105 of the Securities Act, 2015, with the company informing the PSX accordingly.

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