Karachi: An executive director at LSE Capital Limited has executed a notable transaction involving the sale of a significant number of shares in the company. The disclosure of this transaction was made in accordance with the Pakistan Stock Exchange's Regulation 5.6.4, which mandates transparency for trades conducted by key personnel and their close associates.
According to the recently released information, Aftab Ahmad, who serves as an executive director at LSE Capital Limited, sold 5,000,000 shares. This transaction was carried out on July 3, 2025, at a rate of 4.25 per share. The shares were traded in the Negotiated Deal Market (NDM) and were held in the Central Depository Company (CDC) form.
Following this transaction, the cumulative number of shares held by Aftab Ahmad now stands at 11,070,239, representing a cumulative percentage of 6.11% of the company's total shares. The sale is classified as a very large or significant move, given the volume and impact of the transaction on the market.
According to information available from the Pakistan Stock Exchange (PSX), this transaction is one of the more substantial trades executed by a member of the company's executive team in recent months. The PSX requires such disclosures to ensure market transparency and to provide investors with insights into the trading activities of key company insiders.
The designated market category for this disclosure falls under the obligations of company insiders to report their shareholding changes, which is crucial for maintaining market integrity and investor trust.