Rawalpindi, Pakistan Oilfields Limited has reported a significant transaction executed by its Independent Director, Agha Sher Shah, involving the purchase of shares of the company. The details of the transaction are as follows:
1. Date: July 25, 2023
Nature: BUY
Number of Shares: 1,000
Rate: 436.74
Form of Share Certificates: CDC (Central Depository Company)
Market: Ready
Agha Sher Shah, a prominent Independent Director of Pakistan Oilfields Limited, has carried out a noteworthy share purchase transaction of 1,000 shares of the company on the specified date. The transaction took place in the Ready market through the Central Depository Company.
As per regulatory requirements, the company has promptly disclosed this significant purchase transaction to ensure transparency and compliance with applicable regulations. The purchase of shares by an Independent Director can carry potential implications for the company's corporate governance and ownership structure.