Karachi: Olympia Mills Limited has announced a significant transaction involving one of its non-executive directors. On May 14, 2025, Ghazala Waqar, a non-executive director of the company, executed a sale of shares under the regulations of the Pakistan Stock Exchange (PSX).

The transaction details disclosed by the company indicate that Waqar sold 25,000 shares at a rate of 48.21. The transaction was conducted in the ready market, and following this sale, Waqar's cumulative shareholding in the company stands at 6,082,660 shares. This represents a cumulative percentage of 50.68% of the total shares of Olympia Mills Limited.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure of interest falls under PSX Regulation 5.6.4, which mandates the reporting of transactions by directors, executives, and substantial shareholders, including their spouses and minors.

The designated market category for this transaction is the ready market, reflecting the immediate execution and settlement of the sale. This disclosure is part of Olympia Mills Limited's compliance with regulatory requirements to maintain transparency and inform stakeholders about changes in shareholdings by key individuals associated with the company.