Packages Limited Director’s Spouse Sells Shares Worth 2.12 Million

Karachi: Packages Limited has disclosed a recent transaction involving a non-executive director's spouse under the Pakistan Stock Exchange (PSX) regulation 5.6.4. The transaction, which took place in the ready market, involved the sale of shares by Mrs. Azra Tariq, identified as the spouse of Mr. Tariq Iqbal Khan, a non-executive director of Packages Limited. The sale was executed on May 19, 2025.

The transaction details reveal that Mrs. Tariq sold 4,100 shares at a rate of 517.43 per share. The total value of the shares sold amounts to approximately 2.12 million. Following this sale, Mrs. Tariq holds no remaining shares in Packages Limited, resulting in a cumulative shareholding percentage of 0.00%.

According to information available from the Pakistan Stock Exchange (PSX), this disclosure is part of the company's compliance with regulatory requirements to inform the market of transactions by directors and their immediate family members. The designated market category for this transaction was the ready market.

The disclosure aligns with PSX regulations, ensuring transparency in transactions executed by individuals closely associated with the company.