Spouse of Executive Director Sells Shares in Pace (Pakistan) Limited

Karachi: In a recent transaction reported to the Pakistan Stock Exchange, Naheed Minhas, the spouse of Executive Director Shahbaz Ali Taseer, executed a sale of shares in Pace (Pakistan) Limited.

According to the disclosure, Naheed Minhas sold 200,000 shares at a rate of 11.46 per share on August 10, 2026. This transaction reduces her cumulative holding to 800,000 shares. The cumulative percentage of shares held by her now stands at 0.16%.

The transaction was executed in the ready market, as required under the PSX Regulation 5.6.4. This regulation mandates the disclosure of interests by relevant persons holding company shares.

According to information available from the Pakistan Stock Exchange (PSX), this sale represents a minor move in terms of percentage change in shareholding. This disclosure is significant for stakeholders as it reflects the changes in shareholding patterns among substantial shareholders and related persons within the company.