Lahore: Pace (Pakistan) Limited has announced a notable share transaction involving its executive leadership, according to a disclosure filed with the Pakistan Stock Exchange (PSX) on July 21, 2026. The transaction involves Shahbaz Ali Taseer, an Executive Director at Pace Limited, who has executed a "gift out" of 1.00 million shares.

In the details provided, Shahbaz Ali Taseer transferred the shares at a rate of 0.00, resulting in a cumulative holding of 2.28 million shares, which accounts for 0.47% of the company's total shares. This movement in shares, categorized under the market as a substantial shareholder transaction, represents a very large or significant move.

Simultaneously, Naheed Minhas, the spouse of Shahbaz Ali Taseer and also an Executive Director, received the same number of shares through a "gift in" transaction. With this acquisition, Naheed Minhas now holds 1.00 million shares, representing 0.20% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are meticulously recorded to ensure transparency and regulatory compliance within the designated market category. The transfer of shares between the executive director and his spouse reflects internal restructuring within the leadership's shareholding.

The transactions were recorded in the Central Depository Company (CDC) system, and the nature of the transactions aligns with the regulations governing share disclosures for publicly listed companies in Pakistan.