Karachi: The Pakistan Stock Exchange (PSX) has disclosed a series of transactions involving shares of United Bank Limited and Kohinoor Spinning Mills Limited by their respective executives, directors, and substantial shareholders. These transactions, executed between November 5 and November 11, 2024, include both sale and purchase activities by key stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), Syed Asrar Hussain, an executive, executed a sale of 1,500 shares at a rate of 316.00 per share on November 5, 2024, reducing his cumulative holding to 40 shares. Bestway Cement Limited, identified as a substantial shareholder, made two significant purchases, acquiring 39,062 shares at 310.00 per share and an additional 10,000 shares at 313.50 per share, maintaining a cumulative shareholding percentage of 8.77%.

Furthermore, Zameer Mohammed Choudrey, a non-executive director, purchased 500,000 shares at 314.00 per share, increasing his cumulative holding to 8,104,041 shares, representing 0.66% of the company. Sir Mohammad Anwar Pervez, another non-executive director, engaged in multiple transactions, acquiring 200,000 shares at 312.57 per share, along with subsequent purchases totaling 203,639 shares at varied rates, lifting his cumulative holding to 13,169,007 shares, accounting for 1.08% of the company.

Additionally, Haider Zameer Choudrey, also a non-executive director, acquired 12,693 shares at 314.00 per share, bringing his cumulative shareholding to 3,173,193 shares, which constitutes 0.26% of the company's shares.

These transactions underscore the active participation and interest of the directors and substantial shareholders in the equities of United Bank Limited and Kohinoor Spinning Mills Limited.