Karachi: Media Times Limited has disclosed a recent transaction executed by its independent director, Salman Khalid Mlan, involving the purchase of shares in the company. The announcement was made in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of share transactions by relevant persons associated with the company.
According to the official disclosure dated January 27, 2026, Salman Khalid Mlan completed the purchase of 50,000 shares on January 7, 2026. The shares were acquired at a rate of 7.03 each under the 'Ready' market category. This acquisition brings Mlan's total shareholding in Media Times Limited to 50,500 shares, representing a cumulative percentage of 0.02%.
According to information available from the Pakistan Stock Exchange (PSX), the transaction involved the Central Depository Company (CDC) form of share certificates. The shareholding increase, though a minor move in percentage terms, reflects a strategic decision by the independent director to augment his stake in the company.
The disclosure underscores the company's adherence to transparency and regulatory compliance, ensuring that shareholders and the market are kept informed of significant shareholding changes by individuals in key positions. Such transactions are routinely monitored by the PSX as part of its regulatory oversight framework.