Karachi: United Bank Limited (UBL) disclosed a recent share transaction involving one of its executives, as per a report dated September 18, 2026. The transaction, executed by All Abbas, an executive at UBL, was conducted under the Pakistan Stock Exchange (PSX) Regulation 5.5.4, which mandates disclosure of interest by relevant persons holding company shares.
According to the report, the transaction took place on September 17, 2026. All Abbas completed a purchase of 250 shares via the Central Depository Company (CDC) in the ready market. The shares were acquired at a rate of 422.50890 per share. The transaction did not alter the cumulative percentage of shares held, remaining at 0.00%.
This disclosure is a part of UBL's commitment to transparency concerning transactions by its directors, CEOs, executives, and substantial shareholders, as well as their spouses and minors. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining clarity and trust in the financial activities of publicly traded companies.
The designated market category for this transaction is the ready market, where securities are traded for immediate delivery and payment.