⚡ Flash Summary
On October 16, 2024, EFU Life Assurance Ltd. disclosed a transaction by Rafique R. Bhimjee, a Non-Executive Director, under PSX Regulation 5.6.4. The transaction involved the purchase of 13,265 shares at a rate of PKR 156.43 per share on October 14, 2025. The shares were acquired in the ‘Ready’ market through CDC. Following this transaction, Bhimjee’s cumulative shareholding increased to 4,585,374 shares, representing 4.37% of the company.
Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM
📌 Key Takeaways
- 🗓️ Transaction Date: October 14, 2025.
- 👤 Person Involved: Rafique R. Bhimjee, Non-Executive Director.
- 💼 Nature of Transaction: Purchase of shares.
- 📈 Number of Shares Purchased: 13,265 shares.
- 🏷️ Purchase Rate: PKR 156.43 per share.
- 🏦 Market: Ready market through CDC.
- 📊 Cumulative Shareholding: Increased to 4,585,374 shares.
- ⚖️ Percentage of Shareholding: 4.37% of the company.
- 📜 Regulatory Compliance: Transaction disclosed under PSX Regulation 5.6.4.
- 📑 Reporting Requirement: The transaction will be presented at the next Board of Directors meeting and reported via PUCARS.
- 🔒 Holding Period: The holding period must be over six months, or profits deposited with SECP.
- 🚫 Closed Period Restriction: No dealing in shares is allowed during closed periods for Directors, CEO, and Executives.
- ℹ️ UIN Update: The company will update the UIN Management System on PUCARS Portal.
🎯 Investment Thesis
Based on the information provided, a HOLD recommendation is appropriate. The purchase by the Non-Executive Director is a modestly positive signal. However, more comprehensive financial analysis is needed to make a strong buy or sell recommendation. At this time, there is not enough information to support a price target or definitive time horizon.
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Disclaimer: AI-generated analysis. Not financial advice.
