Karachi: Pakistan Synthetics Limited has disclosed transactions in the company’s shares executed by board members, including the CEO and significant shareholders, as revealed in a presentation to the Pakistan Stock Exchange (PSX). The transactions were made public during a board meeting held on September 26, 2024, as mandated by PSX regulations.

The company reported three specific instances of share dealings from April to September 2024. According to information available from the Pakistan Stock Exchange (PSX), the first transaction was recorded on December 29, 2021, with a disclosed PUCARS ID of 179345. The second, on November 24, 2023, was listed under PUCARS ID 221616. The most recent transaction, occurring on July 3, 2024, carried the PUCARS ID 233708.

These disclosures are part of the company's compliance with PSX Regulation 5.6.4, which mandates the reporting of any shares traded by directors or substantial shareholders, along with their spouses and minors, to the board of directors for their consideration and further disclosure to the public.

The report also highlighted the company's adherence to regulatory requirements, ensuring that all transactions are fully disclosed in the subsequent board meeting following their execution to maintain transparency and regulatory compliance in the company’s governance practices.