Karachi: Pakistan Synthetics Limited has reported a recent transaction involving its Executive Director, Noman Yakoob, under the Pakistan Stock Exchange's Regulation 5.6.4. This disclosure pertains to the acquisition of company shares by relevant persons, including directors, executives, substantial shareholders, their spouses, and minors.

On May 8, 2025, Noman Yakoob, the Executive Director of Pakistan Synthetics Limited, executed a purchase of 3,590 shares on the ready market. The shares were acquired at a rate of 40.04 per share. Following this transaction, Yakoob's cumulative shareholding in the company stands at 32,832,699 shares, representing a cumulative percentage of 23.67%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction aligns with the disclosure requirements, ensuring transparency in the dealings of persons holding significant interest in the company. The designated market category for this transaction is the ready market, as specified in the transaction details.

These disclosures are part of the regulatory framework aimed at maintaining transparency and accountability in the trading activities of key figures within publicly listed companies.