Karachi: United Bank Limited (UBL) has reported a recent transaction involving one of its executives, Ali Abbas, in accordance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4. This disclosure, dated August 11, 2026, highlights a movement in the company's shares by a key member of its leadership.

Ali Abbas, an executive at UBL, executed a purchase of 640 shares at a rate of 473.62 per share in the ready market on August 6, 2026. The acquisition was facilitated through the Central Depository Company (CDC) form of share certificates. Despite this transaction, the cumulative percentage of shares held by Abbas remains at 0.00%, indicating no change in his overall stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining transparency and regulatory compliance. The report ensures that all transactions by directors, CEOs, executives, and substantial shareholders, along with their immediate family members, are publicly available for scrutiny.

The designated market category for this transaction is 'Ready,' reflecting the immediate settlement of the shares. This disclosure underscores the importance of regulatory adherence in market operations and transparency for stakeholders.