β‘ Flash Summary
On November 7, 2025, Saritow Spinning Mills Limited disclosed a transaction by its CEO, M. Zeid Yousuf Saigol, involving the purchase of 4,742,113 shares through the NDM market via an electronic CDC certificate. This acquisition, executed at a rate of 16.26, increased his cumulative shareholding to 7,245,236 shares, representing 24.28% of the company. The transaction is subject to regulatory compliance, including presentation to the Board of Directors and adherence to holding period requirements. This indicates a significant investment by the CEO, potentially signaling confidence in the company’s future prospects.
π Key Takeaways
- π CEO M. Zeid Yousuf Saigol bought 4,742,113 shares.
- ποΈ Transaction date: November 6, 2025 (Settlement).
- π’ Shares purchased through the NDM market.
- π₯οΈ Electronic (CDC) share certificate.
- π° Purchase rate: 16.26 per share.
- π Cumulative shareholding increased to 7,245,236 shares.
- π New cumulative shareholding represents 24.28% of the company.
- π Transaction requires presentation to the Board of Directors.
- β³ Holding period must be over six months to avoid SECP deposit requirements.
- π« No dealing in shares during closed periods is allowed for Directors/CEO/Executives.
- π Company must update details in the PUCARS UIN Management System.
π― Investment Thesis
Based on the CEO’s significant share purchase, a cautious BUY recommendation is warranted. The increased stake signals confidence in the company’s future. However, further research into the company’s financials and market conditions is necessary. The price target is contingent on a full valuation analysis, considering factors such as revenue growth, profitability, and industry trends. Time horizon: Medium Term.
Disclaimer: AI-generated analysis. Not financial advice.