Karachi: Image Pakistan Limited announced a recent transaction involving one of its key executives, reflecting a significant movement within the company's shareholding structure. According to a disclosure dated December 15, 2025, Asad Ahmad, who serves as the Executive Director, executed a transaction involving 1,000,000 shares of the company.
The transaction was executed on December 12, 2025, and involved shares held in Central Depository Company (CDC) form. The executed trade now brings Asad Ahmad's cumulative holding to 18.11 percent of the company's total shares. The company's disclosure of interest is in compliance with the Pakistan Stock Exchange's (PSX) Regulation 5.6.4, designed to ensure transparency and accountability for transactions executed by key company figures and their immediate family members.
According to information available from the Pakistan Stock Exchange (PSX), the transaction did not disclose a specific rate per share, but it was noted that the cumulative percentage holding post-transaction stands at 18.11 percent. The precise nature of the transaction was categorized under the 'NOM' market.
The disclosure notes that the transaction will be presented by the Company Secretary at the next Board of Directors meeting. Extracts of the minutes from this meeting are required to be submitted through the Correspondence Manual using Form-30 via PUCARS. The holding period for the transaction exceeds the mandatory six-month period, thus complying with the requirements of the Securities Act, 2015.
The company has also committed to promptly updating the requisite details in the UIN Management System, ensuring full compliance with regulatory requirements.