Karachi: The director of LSE Financial Services Limited, Aftab Ahmad, has offloaded a substantial number of shares in the company over a series of transactions, according to a disclosure made in compliance with the Pakistan Stock Exchange (PSX) regulations. The transactions, executed in late July 2025, were reported as part of regulatory requirements for directors and substantial shareholders.

The sale activity commenced on July 22, 2025, with a transaction involving 3,100 shares at a rate of 26.02 per share. This was followed by selling 200 shares on July 23, at a slightly increased rate of 26.00 per share. The largest of these transactions occurred on July 25, when Ahmad sold 13,585 shares at 26.04 per share. The sell-off continued with 512 shares on July 28, at a rate of 25.00 per share, and concluded with 50 shares on July 29, at a rate of 25.90 per share. All shares were sold in the ready market under the Central Depository Company (CDC) form of shareholding.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in an upcoming board meeting of LSE Financial Services Limited. The meeting will consider any non-compliance issues related to the transactions, as stipulated under clause No. 5.6.4 of PSX Regulations. The company is required to confirm these deliberations with the exchange and ensure that the information is disseminated to market participants.

The financial activity by the director is categorized as a Big move, given the volume and frequency of the transactions. As per the designated market category, such disclosures are vital for maintaining transparency and regulatory compliance within the securities market. The transactions by Ahmad are expected to be scrutinized to assess any potential impacts or regulatory concerns.