Avanceon Limited Executives Disclose Share Transactions as Per PSX Regulations

Karachi: Recent disclosures from Avanceon Limited have revealed significant share sales by key executives, as mandated by the regulations of the Pakistan Stock Exchange (PSX). These transactions, which occurred in late January 2026, were publicly submitted in accordance with the Code of Corporate Governance.

On January 28, 2026, Avanceon Limited reported transaction details involving two of its executives. Faizan Abid, the Group Head of Internal Audit, executed two separate transactions. On January 23, 2026, he sold 4,539 shares at a price of 42.71 per share through the Central Depository Company (CDC). Subsequently, on January 27, 2026, he sold an additional 10,404 shares at 41.46 per share, also via the CDC.

In another notable transaction, Mohammad Shahid Mir, the Executive Director, completed a sale of 80,000 shares on January 26, 2026. The shares were sold at a price of 41.94 per share, once again utilizing the CDC mechanism.

According to information available from the Pakistan Stock Exchange (PSX), these disclosures are part of the compliance requirements under clause 5.6.4 of the PSX Rule Book, ensuring transparency and accountability in the dealings of listed companies.

The transactions by Avanceon’s executives highlight the ongoing trading activities within the company’s leadership, reflecting on the dynamics of the designated market category.