Islamabad, Senior management of Oileioy Energy Limited has executed transactions in the company’s shares, as disclosed in a regulatory filing with the Pakistan Stock Exchange (PSE) under the compliance of clause No.5.6.4 of PSX Regulations. The disclosure, aimed at market participants, details a recent share transaction conducted by the company’s senior management.
Inam Ullah, the Company Secretary of Oileioy Energy Limited, sold 1,000 shares on March 11, 2024. The shares were sold at a rate of 5.65 each, and the transaction was carried out in the ready market using CDC (Central Depository Company) form of share certificates.
The company has confirmed that this transaction, among others, will be reviewed in the upcoming board meeting. The discussion will include any non-compliances related to the PSX Regulations and the outcomes will be subsequently confirmed to the Exchange as mandated.
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