KARACHI: United Bank Limited (UBL) has disclosed a recent transaction involving the purchase of the company's shares by an executive, as stipulated under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. According to the announcement made on July 8, 2026, Sheraz Ali Khan, an executive at UBL, executed the acquisition of 40,000 shares in the company.
This transaction, executed in the ready market on July 6, 2026, saw shares purchased at a rate of 495.00 each. The cumulative number of shares held by the executive, following this transaction, stands at 79,973 shares. Notably, the cumulative percentage of shares held by Sheraz Ali Khan remains at 0.00%, indicating a No Change status in his percentage ownership.
According to information available from the Pakistan Stock Exchange (PSX), such transactions by company executives are closely monitored as part of regulatory compliance and are often indicative of their confidence in the company's financial health and future performance.
The transaction by Sheraz Ali Khan represents an investment totaling 19.80 million Pakistani Rupees, reflecting the executive's continued involvement and vested interest in United Bank Limited's growth trajectory.