Karachi: Pakistan Synthetics Limited has announced a significant transaction involving its executive director, Noman Yakoob, who has acquired additional shares in the company.

According to the information disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Noman Yakoob, an executive director of Pakistan Synthetics Limited, executed a purchase of 2,000 shares. The transaction, carried out in the ready market, was completed on May 13, 2025. The shares were bought at a rate of 47.06 per share.

This recent acquisition brings Noman Yakoob's cumulative holdings in the company to 36,654,102 shares, representing a cumulative percentage of 26.43%. The transaction underscores the executive director's continued interest in the company, which operates within the designated market category of synthetic products.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated to maintain transparency and inform stakeholders about transactions carried out by directors, executives, and significant shareholders, including their spouses and minors.

Pakistan Synthetics Limited, a key player in its sector, continues to attract attention from its executives through strategic share acquisitions, reflecting confidence in the company's future prospects.