CLOV discloses share acquisition by Irbanah Ventures

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MG News | August 04, 2026 at 02:27 PM GMT+05:00

August 04, 2026 (MLN): Clover Pakistan Limited (PSX:CLOV) has disclosed that Irbanah Ventures International LLC-FZ acquired 2m of its shares through a regular market purchase on August 3, 2026, at a price of Rs8.56 per share, taking the total transaction value to Rs17.12mn.

In a notice to the Pakistan Stock Exchange, the company said the shares were purchased in electronic (CDC) form, with the acquisition currently resulting in no change to the company's management, board composition, or operational control.

Date of Transaction

No. of Shares Purchased

Price per Share (Rs)

Form of Share Certificate

Nature of Transaction

August 3, 2026

2,000,000

8.56

Electronic (CDC)

Market Purchase (Regular)

The company added that any further developments requiring disclosure would be communicated to the market accordingly.

The aforementioned information was disseminated through a notification to Exchange.

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