AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, A significant transaction occurred in the shares of Pakistan Petroleum Limited involving an executive of the company. Mr. Ijaz Ahmad, identified as an executive, sold 2,000 shares on May 24, 2024. According to information available from the Pakistan Stock Exchange (PSX), the shares were sold at a price of Rs 124.50 per share. The transaction was executed in electronic form within the Central Depository System (CDS).
This transaction adheres to Rule 5.6.4. of the PSX Rules, which mandates detailed disclosure of transactions by company executives. The sale by Mr. Ahmad was publicly reported as part of the company’s compliance with these disclosure requirements.