Executive Director of Pakistan Synthetics Limited Acquires Significant Shares

Karachi: Pakistan Synthetics Limited has disclosed a substantial share acquisition by its Executive Director, as reported in a statement aligned with PSX Regulation 5.6.4. The information was released on September 15, 2026, highlighting the transaction executed by a key figure within the company.

According to the report, Executive Director Noman Yakoob executed a purchase of shares in the company. The transaction took place on September 11, 2026, in the ready market. Mr. Yakoob acquired a total of 468,555 shares at a rate of 150.97 per share. This acquisition has brought his cumulative shareholding to 37.67 million, which represents a cumulative percentage of 27.16% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction by Mr. Yakoob signifies a very large or significant move in terms of percentage change in his shareholding. The substantial increase in Mr. Yakoob's holdings reflects a noteworthy shift in the ownership structure of Pakistan Synthetics Limited.

This development is categorized under the designated market category of 'Ready' and marks a pivotal moment in the company's shareholding dynamics, as outlined in the recent disclosure.