Attock Petroleum Limited’s CFO Discloses Purchase of 5,000 Shares, Compliant with PSX Regulations

Karachi, In a recent development, the Chief Financial Officer (CFO) of Attock Petroleum Limited, Mr. Rehmat Ul lah Bardaie, executed a purchase transaction of 5,000 shares of the company on September 27, 2023. The shares were acquired at a rate of 301.54 per share, with the transaction executed through CDC in the form of ready certificates.

This disclosure of interest by a key executive of Attock Petroleum Limited falls under the purview of clause No. 5.6.4 of the PSX Regulations. The company has confirmed that this transaction will be presented in the subsequent board meeting, with particular attention given to any non-compliance issues, if identified, as required by the regulations.

Additionally, Attock Petroleum Limited has ensured that the holding period for this transaction exceeds six (06) months. In the event that the holding period was less than six months, the company has pledged to deposit an equivalent profit in the form of a cheque with the Securities and Exchange Commission of Pakistan (SECP) in accordance with Section 105 of the Securities Act, 2015, while keeping the Pakistan Stock Exchange (PSX) duly informed.

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