Karachi: Fast Cables Ltd. has reported recent share transactions involving its top executives, reflecting the company's adherence to regulatory transparency requirements. The disclosure was made as part of compliance with the Pakistan Stock Exchange (PSX) regulations.

On August 21, 2026, Fast Cables Ltd. released a detailed statement concerning transactions executed by its Chief Operating Officer (COO) and Chief Commercial Officer (CCO) under the PSX regulations. According to the company’s report, COO Muhammad Shahzad Mian executed a sell transaction on August 20, 2026, involving 881,000 shares at a rate of 28.02 per share, conducted through the Central Depository Company (CDC) in the regular market.

Further transactions were made by CCO Muhammad Usman on August 21, 2026. Usman purchased five shares at a rate of 28.1 per share and subsequently sold the same number of shares at 28.02 per share, also through the CDC in the regular market. These transactions, despite their minimal volume, are part of the disclosure requirements.

The company assured that the transactions would be reviewed in an upcoming board meeting, with specific attention to any potential non-compliance issues as mandated by clause No. 5.6.1.(d) of PSX regulations. "According to information available from the Pakistan Stock Exchange (PSX)," these operations are part of a broader regulatory framework ensuring transparency in executive dealings.

Fast Cables Ltd. confirmed that all transactions adhered to the required holding period exceeding six months. Should any transactions have occurred within the six-month window, the company is prepared to comply with the Securities Act, 2015, by depositing any profits with the Securities and Exchange Commission of Pakistan (SECP), as per Section 105, with due intimation to the PSX.