Karachi: In a significant transaction within the financial markets, W. S Engineering (Pvt) Limited, a substantial shareholder of Pace (Pakistan) Limited, has acquired a total of 46,687,439 shares, as disclosed under the Pakistan Stock Exchange regulation 5.6.4. The acquisition was executed on June 12, 2026, at a rate of 9.00 per share.

The transaction, categorized as "Other Than Right," reflects the cumulative shareholding of W. S Engineering (Pvt) Limited reaching 46,687,439 shares, representing a cumulative ownership percentage of 10.37% in the company. According to information available from the Pakistan Stock Exchange (PSX), this substantial move in share acquisition underscores the significant interest and confidence of W. S Engineering in the market potential of Pace (Pakistan) Limited.

The designated market for this transaction was the ready market, as per the disclosure dated June 16, 2026. The involvement of a substantial shareholder in this manner often indicates strategic positioning within the company, potentially influencing market perceptions and investor sentiment.