Karachi: In a recent development involving LSE Finance, transactions executed by a company director have come under scrutiny following the sale of shares earlier this month. The disclosure, mandated under clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, details two specific transactions by Aftab Ahmad, a director of the company.
On August 4, 2025, Aftab Ahmad sold 153 shares at a price of 24.49 per share. The following day, August 5, 2025, he proceeded to sell an additional 2,076 shares at 25.54 per share. Both transactions were executed in the Central Depository Company (CDC) format under the ready market category.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are required to be presented at the subsequent board meeting of LSE Finance. This presentation will include any highlighted non-compliance issues for the board's consideration.
The market participants have been advised to take note of these transactions, as per the disclosure requirements, ensuring transparency and adherence to regulatory standards set forth by the PSX.