Karachi: Frontier Ceramics Limited has disclosed a significant transaction executed by a substantial shareholder in accordance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction details were made available to the public, highlighting the activity of a key stakeholder in the company's shares.

On May 15, 2025, Sana Khalid, identified as a substantial shareholder, executed a transaction involving the purchase of 24,200 shares of Frontier Ceramics Limited. The transaction was conducted in the ready market, with each share priced at 31.82. Following this transaction, the cumulative number of shares held by Sana Khalid reached 6,901,758, representing a cumulative percentage of 18.22.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is part of the required disclosure for relevant persons holding shares under PSX regulations. The disclosure aims to maintain transparency and provide investors with crucial information regarding significant transactions by directors, executives, and substantial shareholders of the company.

The designated market category for this transaction is the ready market, where shares are traded for immediate delivery and payment. The form of the share certificate involved in this transaction was identified as CDC, reflecting the electronic holding format managed by the Central Depository Company of Pakistan.

This disclosure is part of Frontier Ceramics Limited's ongoing commitment to adhere to regulatory requirements and ensure transparency in its dealings, providing stakeholders with timely and accurate information regarding significant changes in shareholding patterns.