Karachi: United Bank Limited (UBL) has reported a series of share transactions executed by one of its executives, Irfan Masood, according to recent disclosures mandated by the Pakistan Stock Exchange (PSX) regulations. The transactions, which involve the purchase of additional shares by the executive, were conducted over two consecutive days in April 2025.

On April 22, 2025, Irfan Masood, who holds an executive position within UBL, purchased 540 shares at a rate of 548.95 per share. This transaction increased his cumulative shareholding to 712 shares. The following day, April 23, 2025, Masood further acquired 300 shares at a rate of 530.92 per share, bringing his total number of shares to 1,012. According to information available from the Pakistan Stock Exchange (PSX), these transactions have not led to a significant change in the executive's overall shareholding percentage, which remains at 0.00 percent.

The transactions were executed in the ready market, and the shares were held in the Central Depository Company (CDC) form. The disclosed transactions are in compliance with Section 5.6.4 of the PSX regulations, which require transparency in trades conducted by directors, CEOs, executives, substantial shareholders, and their immediate family members.

UBL is a prominent entity listed under the designated market category of the Pakistan Stock Exchange, where it continues to maintain a significant presence. The disclosure of these transactions reflects the regulatory framework designed to ensure transparency and accountability among listed companies and their key stakeholders.