Executive Shareholder Disposes of Attock Petroleum Shares Amid Regulatory Compliance

Karachi: Attock Petroleum Limited recently disclosed that a significant transaction involving one of its executives has been executed, in compliance with the Pakistan Stock Exchange Regulation 5.5.4. The announcement, dated February 2, 2026, reveals the sale of shares by a key executive within the company.

According to the disclosure, Muhammad Sarfraz, an executive at Attock Petroleum Limited, sold a total of 3,825 shares. The transaction, executed on January 29, 2026, was conducted in the ready market at a rate of 599.850 per share. Following this sale, the cumulative number of shares held by the executive now stands at 0, reflecting a complete divestment of holdings in the company.

The transaction forms part of the regulatory requirements for disclosure as outlined by the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining transparency and market integrity, particularly when it involves substantial shareholders or executives within a company.

The sale executed by Muhammad Sarfraz represents a significant move, as indicated by the complete reduction of his shareholding to zero. This action underscores the importance of transparency and compliance within the designated market category of the Pakistan Stock Exchange.