Islamabad: Pakistan Oilfields Limited has disclosed a notable transaction involving its Executive Finance, Mr. Mehboob ur Rehman, who executed a share sale, according to a notification dated October 8, 2025. The transaction was carried out under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which governs the disclosure of interest by relevant persons holding shares in the company.
According to the information provided, Mr. Rehman sold 2,000 shares of Pakistan Oilfields Limited on October 6, 2025, at a rate of 737.72 per share in the ready market. This transaction resulted in a cumulative shareholding of 776 shares for Mr. Rehman. The percentage change in his shareholding represents a very large or significant move.
According to information available from the Pakistan Stock Exchange (PSX), the company confirmed that the transaction would be presented in the upcoming board meeting for consideration, as stipulated under clause No. 5.6.4 of the PSX Regulations. Furthermore, it was confirmed that the holding period for the transaction exceeded six months. However, should it be within six months, a cheque equivalent to the profit is required to be deposited with the Securities and Exchange Commission of Pakistan (SECP), with intimation to the PSX. The designated market category for this transaction is the ready market.