Karachi: Pakistan Oilfields Limited, a key player within the designated market category of energy, has recently disclosed a transaction executed by one of its senior executives. According to a statement released by the company, Mr. Adeel Asad, a Senior Executive in the Finance department, sold a portion of his shares in the company earlier this year.

On April 18, 2025, Mr. Asad carried out a sale of 754 shares at a rate of 528.1278 per share. The transaction was completed electronically through the market. This activity falls under the disclosure requirements for Directors, CEOs, Executives, and their spouses, as well as substantial shareholders, in accordance with section 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are subject to regulatory scrutiny and must be presented in subsequent board meetings for consideration. Pakistan Oilfields Limited has assured that this transaction will be discussed in an upcoming board meeting, fulfilling the obligations set by the PSX.

The company has confirmed that all necessary disclosures related to this transaction have been made to the PSX, ensuring transparency and compliance with the established regulations.