Crescent Fibres Limited Discloses Director's Purchase of 1500 Shares.

Karachi -- Crescent Fibres Limited has released a statement today, in accordance with regulatory requirements, regarding a recent transaction involving one of its directors. The company confirmed that Mr. Mansoor Riaz, a Non-Executive Director, executed a purchase of 1500 shares in the company on October 2, 2023.

The transaction details are as follows:

Name of Person: Mansoor Riaz (Non-Executive Director)Date: October 2, 2023Nature: BUYNumber of Shares: 1500Rate: PKR 47.78 per shareForm of Share Certificates: CDC (Central Depository Company) Ready

This disclosure is in line with regulatory requirements outlined in clause No. 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations. According to this clause, listed companies are obligated to inform stakeholders about transactions made by directors, CEOs, executives, their spouses, and substantial shareholders in company shares.

Crescent Fibres Limited also assured that the details of this transaction would be presented at the...