Karachi: A senior management official at United Bank Limited (UBL) has executed a share transaction under the rules and regulations set by the Pakistan Stock Exchange (PSX). The transaction, dated June 15, 2026, involved Munawar Raza Shah, who is part of the senior management at UBL.

According to the disclosure, Munawar Raza Shah purchased 5,000 shares at a rate of 417.50 per share. This transaction was conducted in the ready market and has brought the cumulative number of shares held by Shah to 235,000. The cumulative percentage of shares held remains at 0.00%, indicating no change in the overall percentage ownership of the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction aligns with the disclosure requirements under PSX Regulation 5.6.4, which mandates that substantial shareholders and key management must publicly disclose any dealings in the company’s shares.

The transaction, detailed in the official release dated June 16, 2026, underscores compliance with the disclosure norms, ensuring transparency in the dealings of company executives.