Interloop Executive Sells Significant Shareholding in Company

Lahore: Interloop Limited has reported a significant transaction involving the sale of company shares by one of its executives, Tariq Rashid Malik. The sale was executed under the existing Pakistan Stock Exchange (PSX) regulations, specifically PSX Regulation 5.6.4, which mandates disclosure of interest by relevant persons holding shares in the company.

On July 2, 2025, Malik, an executive at Interloop, executed a sale of 80,000 shares at a rate of 67.90 per share. Following this transaction, the cumulative number of shares held by Malik stands at 17.55 million, representing a 1.25% cumulative percentage of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the designated market category of "Ready." The disclosure is part of a regulatory requirement that ensures transparency and accountability among directors, executives, substantial shareholders, and their immediate family members in dealings involving company shares.

This transaction is classified as a Very large or significant move, given the scale of shares involved in the sale. The compliance with PSX regulations underscores the company's commitment to maintaining transparency in its operations and shareholder dealings.