Karachi: Frontier Ceramics Limited, a company listed on the Pakistan Stock Exchange (PSX), has detailed recent share transactions involving its executive, Nadeem Khalid. On June 30, 2025, Nadeem Khalid, an executive of the company, completed a transaction in the form of physical share certificates. This transaction involved the acquisition of 49,700 shares, a move categorized as 'Other-In'.
The transaction, executed without any exchange of cash value, resulted in a cumulative holding of 7,237,768 shares for Khalid, translating to a cumulative percentage of 19.11% of the total shares of Frontier Ceramics Limited. This disclosure falls under the PSX Regulation 5.6.4, which mandates transparency regarding shareholding changes by directors, executives, substantial shareholders, and their immediate family members.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are critical for maintaining market integrity by ensuring that investors are informed about significant shareholding changes. Frontier Ceramics Limited is categorized under the designated market category of the PSX, which encompasses companies involved in the manufacturing and distribution of ceramic products.
The disclosure underscores the importance of regulatory compliance for publicly listed companies, ensuring that all stakeholders, including investors, have access to pertinent information regarding shareholding patterns and transactions executed by key figures within the company.