United Insurance Company of Pakistan Limited Reports Share Transaction by Insider

Karachi, A director, CEO, or executive, along with their spouses and substantial shareholders, have executed transactions in shares of the United Insurance Company of Pakistan Limited. The details of these transactions will be presented at the upcoming board meeting. The board will review any non-compliance issues as per clause No. 5.6.1.(d) of PSX Regulations and confirm compliance to the Exchange.

According to information available from the Pakistan Stock Exchange (PSX), The company confirmed that the holding period for the transaction(s) exceeded six months. In instances where transactions are within six months, the profit is required to be deposited with the Securities and Exchange Commission of Pakistan (SECP), under Section 105 of the Securities Act, 2015, with an intimation to the PSX.