Karachi: Pakistan Synthetics Limited has disclosed that Noman Yakoob, the Executive Director of the company, has executed a series of transactions resulting in the acquisition of 5,280 shares. The purchases were made over a period from May 15 to May 20, 2026, as per the company's disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.

On May 15, 2026, Mr. Yakoob purchased 2,839 shares at a rate of 88.37 per share. This acquisition increased his cumulative shareholding to 36.75 million shares, maintaining a cumulative percentage of 26.50.

Subsequent transactions occurred on May 19 and May 20, 2026. On May 19, Mr. Yakoob acquired 742 shares at a rate of 89.65 per share. Following this transaction, his cumulative share count reached 36.75 million shares, with no change in the percentage of total shareholding.

The final transaction on May 20 involved the purchase of 1,699 shares at a rate of 91.34 per share. This brought his total cumulative shareholding to 36.75 million shares, again reflecting a stable cumulative percentage of 26.50.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a strategic move by Mr. Yakoob to consolidate his position within the company. The consistent shareholding percentage indicates no significant shift in control or ownership structure within Pakistan Synthetics Limited.

The market category for these transactions was 'Ready,' signifying the immediate settlement and execution of the trades.