Form 4: Ibex Ltd Director Khaishgi Mohammedulla Reports Sale of Common Shares

Director Khaishgi Mohammedulla reported selling Ibex Ltd common shares on September 27, 2024, at an average price of approximately $20.00.

Summary

• On September 27, 2024, Khaishgi Mohammedulla, a director of Ibex Ltd, reported the sale of common shares.
• The sales were executed in multiple trades with prices ranging from $20.00 to $20.02.
• A total of 1,506 shares were sold directly at a weighted average price of $20.0013, and 1,883 shares were sold indirectly at a weighted average price of $20.0042.
• Following the reported transactions, Mohammedulla directly owns 266,973 common shares and indirectly owns 99,636 shares as trustee of the Allibhoy Khaishgi Family Foundation.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the relatively small number of shares sold may not have a significant impact.

Key Dates