Karachi: Bannu Woollen Mills Limited has disclosed that its Non-Executive Director, Syed Zubair Ahmed Shah, executed a series of share sale transactions on July 8, 2025. The transactions involved the sale of a total of 500 shares at an average rate of 82.87 per share. This information was disseminated by the company in compliance with Regulation 5.6.4 of the Pakistan Stock Exchange (PSX) Rule Book.

According to the detailed report provided by the company, the first transaction conducted by Mr. Shah involved the sale of 108 shares at a rate of 82.85. Subsequently, another sale of 50 shares at the same rate was recorded. The final transaction saw the sale of 342 shares at a slightly increased rate of 82.92. Collectively, these sales resulted in a cumulative holding of 500 shares, which constitutes 0.005% of the company's shares.

In accordance with the PSX regulations, Bannu Woollen Mills Limited has committed to present these transactions at the upcoming board meeting. The presentation will include any non-compliance issues identified, as mandated by clause 5.6.4 of the PSX Regulations.

Further compliance measures were confirmed by the company regarding the holding period of the transactions. If the holding period is determined to be less than six months, any profits generated from these transactions will be deposited with the Securities and Exchange Commission of Pakistan (SECP), with notification sent to the PSX. According to information available from the Pakistan Stock Exchange (PSX), this level of transparency is critical for maintaining market integrity.

The company has assured that this information has been disseminated to market participants to ensure transparency and adherence to regulatory requirements.