Karachi: The Searle Company Limited has disclosed a transaction executed by the spouse of a non-executive director, involving a sale of shares under the Pakistan Stock Exchange (PSX) regulations.

The transaction was carried out by Naeem Idrees Allawala, the spouse of Faiza Naeem, who serves as a non-executive director at The Searle Company Limited. The sale involved 30,000 shares of the company at a rate of 95.32 per share. This transaction took place in the ready market on April 22, 2025.

According to information available from the Pakistan Stock Exchange (PSX), this transaction forms part of the disclosure requirements mandated under section 5.6.4 of the PSX regulations. Following this sale, the cumulative shareholding by Naeem Idrees Allawala stands at 200,992 shares, representing 0.04% of the total shares in The Searle Company Limited.

This disclosure highlights the ongoing compliance with the regulations concerning the shareholdings of directors, executives, and their associates in publicly listed companies.