Karachi: United Bank Limited (UBL) disclosed a recent transaction involving the purchase of shares by an executive of the company, as per a report dated October 2, 2026. The transaction was carried out under the Pakistan Stock Exchange (PSX) regulations, specifically clause 5.6.1.(d), which pertains to the disclosure of interest by directors, executives, and substantial shareholders, including their spouses and minors.

Ali Abbas, an executive at United Bank Limited, executed a buy transaction involving 596 shares of the company. The shares were purchased on October 1, 2026, at a rate of 421.40 per share. This acquisition brings Abbas's cumulative shareholding to 1,486 shares. Despite the addition, 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), the transaction was executed in the ready market and involved Central Depository Company (CDC) share certificates. The designated market category for this transaction remains consistent with typical transactions involving listed companies on the PSX.

The disclosure aligns with regulatory requirements aimed at maintaining transparency in shareholding patterns among executives and substantial shareholders of listed companies.