Lahore: Interloop Limited, a prominent entity listed on the Pakistan Stock Exchange (PSX), witnessed notable trading activity involving its executive, Tariq Rashid Malik, as disclosed under PSX Regulation 5.6.4. According to a recent disclosure, Malik executed several transactions involving the sale of company shares over a span of three days in May 2025.

On May 2, 2025, Tariq Rashid Malik, serving as an executive at Interloop Limited, initiated the sale of 40,000 shares at a price of 53.90 per share. This transaction marked the beginning of a series of sales, reducing his cumulative shareholding to 17.88 million shares, accounting for 1.28% of the company's total shares.

The following transaction occurred on May 5, 2025, when Malik sold an additional 11,160 shares at a rate of 55.50 per share. This transaction further decreased his total holdings to 17.87 million shares, representing 1.27% of the shares.

The final transaction in this sequence was executed on May 6, 2025. Malik sold 9,379 shares, again at a rate of 55.50 per share. This sale brought his cumulative shareholding down to 17.86 million shares, maintaining his stake at 1.27%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were carried out in the "Ready" market and involved shares held in the Central Depository Company (CDC) format. The designated market category for these transactions was the "Ready" market, reflecting the immediacy and execution of trades.

These disclosures are a part of the regulatory requirements set by the PSX to ensure transparency in the trading activities of significant stakeholders within listed companies.