Senior Management Buys Shares at United Bank Limited

Karachi: United Bank Limited has disclosed a transaction involving one of its senior management members, highlighting the trade activities within the company. This disclosure, required under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, pertains to the acquisition of company shares by a key individual within the organization.

The transaction was executed by Imran Sarwar, a member of the senior management team at United Bank Limited. According to the details released, Mr. Sarwar acquired 850 shares of the company. The transaction took place on May 22, 2025, in the ready market. The shares were purchased at a rate of 516.52 per share.

This acquisition brings Mr. Sarwar's cumulative holdings in United Bank Limited to 1,157 shares. Despite the purchase, his holding represents a cumulative percentage of 0.00% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are pivotal for maintaining transparency and compliance within publicly traded companies. The designated market category for this transaction is the ready market, where shares are immediately available for trading.

This transaction sheds light on the internal share dealings at United Bank Limited, providing insights into the shareholding patterns and the interests of the company's senior management.