β‘ Flash Summary
On October 7, 2025, Mr. Shahid Hussain Jatoi, a Director at Jahangir Siddiqui & Co. Ltd. (JSCLPSA), and his spouse, Ambreen Jatoi, sold Class ‘A’ Preference shares of the company. Mr. Jatoi sold 200 shares at a price of Rs.14.25 per share, while Ms. Jatoi sold 17,800 shares, also at Rs.14.25 per share. The transactions were executed electronically through the Central Depository Company (CDC) and through ready market. According to the announcement, the cumulative shareholding percentage for both parties after the transaction is 0%.
π Key Takeaways
- π¨ Director and spouse sold shares: Shahid Hussain Jatoi, a Director, and Ambreen Jatoi, his spouse, sold shares.
- π Class ‘A’ Preference shares: The shares sold were Class ‘A’ Preference shares of Jahangir Siddiqui & Co. Ltd.
- π Transaction date: The transactions occurred on October 7, 2025.
- π° Sale price: Both Mr. Jatoi and Ms. Jatoi sold their shares at Rs.14.25 per share.
- π Mr. Jatoi’s sale: Mr. Jatoi sold 200 shares of JSCLPSA.
- π Ms. Jatoi’s sale: Ms. Jatoi sold 17,800 shares of JSCLPSA.
- π± Electronic transaction: The transactions were executed electronically through CDC.
- ποΈ Ready Market: The sales took place through the Ready Market.
- π Cumulative shareholding: After the transaction, the cumulative shareholding percentage for both individuals is 0%.
- πΌ Disclosure: The disclosure was made under PSX Rule Book and the Securities Act, 2015.
- π’ Company Secretary: Muhammad Babar Din, Company Secretary, made the announcement.
- π Annexure A: Details are provided in Annexure A, as per clause 5.6.4 of the PSX Rule Book.
- π Registered Office: The registered office is located in ISE Towers, Islamabad.
π― Investment Thesis
SELL. The sale of shares by a director and his spouse raises concerns about insider sentiment and potential future performance of JSCLPSA. While it’s not conclusive, the disclosure indicates a potential lack of confidence. Coupled with the fact that the cumulative shareholding after sale is 0%, investors might lose confidence which could negatively impact the stock price. A price target would depend on a more comprehensive analysis of JSCLPSA’s fundamentals, but given the negative signal, a reduction from the current market price seems likely within the next 6-12 months.
Disclaimer: AI-generated analysis. Not financial advice.