Karachi: United Bank Limited (UBL), one of Pakistan's leading financial institutions, announced a notable transaction involving its executive, Sheraz Ali Khan. According to a disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4., Khan executed a purchase of shares on July 14, 2026.
The transaction involved Khan acquiring 4,500 shares of UBL at a rate of 476.00 per share. This acquisition increased his cumulative holdings to 84,473 shares. The transaction reflects a no change in his cumulative percentage of shareholding in the company.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency in shareholding patterns and ensuring regulatory compliance.
The announcement was officially made on July 24, 2026, aligning with the requirements for timely disclosure in the financial markets. UBL, operating in the designated market category of financial services, continues to adhere to the regulatory standards set forth by the PSX, emphasizing its commitment to transparency and accountability.