Karachi: A non-executive director of Olympia Mills Limited executed a significant transaction involving the sale of the company’s shares, as disclosed in accordance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction details were released to inform stakeholders and maintain transparency in the company’s financial activities.

On May 21, 2025, Ghazala Waqar, a non-executive director of Olympia Mills Limited, completed the sale of 2,000 shares at a rate of 47.37 per share. This transaction was conducted in the ready market and involved shares that were in the Central Depository Company (CDC) form. According to information available from the Pakistan Stock Exchange (PSX), this sale brings the cumulative number of shares held by Ghazala Waqar to 6,070,660, representing a cumulative percentage of 50.58% of the company’s total shares.

This disclosure is a requirement under the PSX regulations to ensure that all transactions involving company shares by directors, executives, substantial shareholders, and their immediate family members are transparent and publicly available. Olympia Mills Limited, as part of the designated market category, adheres to these regulations to maintain investor confidence and uphold corporate governance standards.