Karachi: In recent disclosures from United Bank Limited, several key figures associated with the bank have increased their shareholdings, executing transactions significant enough to potentially influence market perceptions. The information was released in compliance with Pakistan Stock Exchange regulations, specifically under PSX Regulation 5.6.4, mandating the disclosure of interest by directors, executives, and substantial shareholders.
The transactions, all classified under the market category 'Ready,' were carried out over a span of six days in July 2025. On July 28, Zameer Mohammed Choudrey, a non-executive director, acquired 234,494 shares at a price of 365.00 per share, bringing his cumulative holdings to 19.27 million shares, representing a minor move in his cumulative percentage of holdings.
Earlier, on July 23, substantial shareholder Umair Zameer Choudrey purchased 31,503 shares at 362.42 per share. This transaction resulted in a cumulative total of 14.15 million shares, a minor move in his overall stake percentage.
Haider Zameer Choudrey, another non-executive director, made multiple acquisitions. On July 24, he purchased 308,436 shares at 366.25 per share. He continued to increase his holdings with a purchase of 80,000 shares at 368.93 per share on July 25. His transactions culminated on July 28 with an acquisition of 400,000 shares at 365.49 per share, raising his cumulative total to 15.15 million shares, resulting in a moderate move in his cumulative percentage of holdings.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect an increase in confidence by the directors and shareholders in the bank's prospects. The accumulative buying activity by members of the Choudrey family, who hold pivotal roles within the organization, underscores a substantial investment in the bank’s future trajectory, drawing attention to the bank’s strategic positioning within the financial sector.