Karachi: LSE SPAC-I Limited has disclosed a series of transactions executed by a substantial shareholder, Mr. Imran, in accordance with regulation 5.6.4 of the Pakistan Stock Exchange (PSX). The transactions, spanning from September 29 to October 1, 2026, reflect notable shifts in shareholdings.
On September 29, 2026, Mr. Imran engaged in a purchase of 2,537,531 shares at a rate of 18.42 per share, increasing his cumulative shareholding to 2,537,531 shares, representing 9.76% of the company's total shares. The following day, September 30, 2026, he acquired an additional 200,000 shares at 20.45 per share, elevating his cumulative holdings to 2,737,531 shares or 10.53% of the total.
However, on October 1, 2026, Mr. Imran sold 177,079 shares at 21.35 per share, adjusting his cumulative shareholding to 2,560,452 shares, equating to 9.84% of the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), these transactions indicate a very large or significant move in shareholding percentages.
The company has confirmed that these transactions will be reviewed in an upcoming board meeting, where any potential non-compliance issues will be addressed as per PSX regulations. The developments underscore the dynamic nature of shareholding activities within LSE SPAC-I Limited and their implications on the market.