⚡ Flash Summary
Artistic Denim Mills Ltd. announced a disclosure of interest by a director, Mr. Muhammad Yousuf Ahmed, on November 21, 2025. The director executed a transaction involving 1,000,000 shares through the CDC market as a gift out. The rate per share was PKR 0.00. Following this transaction, the director’s cumulative shareholding stands at 99,000 shares, representing 0.1178% of the company’s total shares.
📌 Key Takeaways
- 📢 Director’s Transaction: Mr. Muhammad Yousuf Ahmed (Director) executed a transaction.
- 🎁 Gift Out: The nature of the transaction was a ‘Gift Out’.
- 🗓️ Date: The transaction occurred on November 20, 2025.
- 🏛️ Market: The transaction was executed through the CDC market.
- 📉 Rate: The rate per share for the transaction was PKR 0.00.
- 🔢 Volume: 1,000,000 shares were involved in the transaction.
- 📊 Cumulative Shareholding: After the transaction, the director’s cumulative shareholding is 99,000 shares.
- 📈 Percentage: The cumulative shareholding represents 0.1178% of the company.
- 📑 Compliance: The transaction will be presented in the subsequent board meeting for consideration under clause 5.6.4 of PSX Regulations.
- ⏳ Holding Period: The holding period for the shares is confirmed to be over six months.
- ✅ SECP Compliance: In case the holding period is less than six months, the equivalent profit will be deposited with SECP as required under Section 105 of the Securities Act, 2015.
- 🏦 Shares are held electronically (CDC)
🎯 Investment Thesis
Based on the information, the recommendation is to HOLD. The transaction itself doesn’t warrant a change in investment strategy. Investors should monitor the company’s compliance with regulatory requirements and any further announcements regarding significant changes in shareholding or company strategy. A neutral stance is appropriate until further developments arise.
Disclaimer: AI-generated analysis. Not financial advice.