Karachi: In a recent transaction disclosed under the Pakistan Stock Exchange's Regulation 5.6.4, Abdul Aleem Qureshi, a member of the senior management team at United Bank Limited, executed a sale of shares. The transaction, which took place on March 26, 2025, involved the sale of 7,676 shares at a rate of 400.00 per share.
According to information available from the Pakistan Stock Exchange (PSX), the shares were sold in the ready market category. The cumulative number of shares held by Mr. Qureshi following this transaction is reported to be zero, indicating a complete divestment from this particular holding. The cumulative percentage of shares held by Mr. Qureshi now stands at 0.00%.
This disclosure is part of the regular updates required by the PSX for transactions involving directors, executives, and substantial shareholders, along with their immediate family members, to ensure transparency and compliance with market regulations.