Director of Systems Limited Reports Share Sales Totaling Over 1.15 Million

Karachi: Systems Limited has disclosed that a significant number of shares were sold by a member of its senior management, Ms. Ammara Masood, according to a report dated October 2, 2026. The disclosure, made in compliance with Section 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, outlines multiple transactions involving the sale of shares.

Ms. Ammara Masood, a senior management official at Systems Limited, executed a series of trades in September. On September 11, 2026, she sold 500,000 shares at a rate of 117 per share. Further transactions were carried out on September 18, 21, 22, and 23, with 203,000 shares sold at 122.14, 228,274 shares at 121.14, 119,226 shares at 121.05, and 100,000 shares at 122, respectively. Collectively, these transactions amounted to the sale of 1,150,500 shares.

According to information available from the Pakistan Stock Exchange (PSX), the market classification for these transactions was 'Ready'. The report confirms that these transactions will be reviewed in an upcoming board meeting of Systems Limited. Any issues of non-compliance with the PSX regulations will be specifically addressed during this meeting.

The designated market category for these transactions is noted as 'Ready', indicating immediate settlement of the trades. The company's adherence to the PSX regulations underscores the importance of transparency in transactions involving substantial shareholders or executives.