Karachi: Macter International Limited, a company listed on the Pakistan Stock Exchange, disclosed on March 24, 2025, that transactions involving the sale of company shares by an executive have occurred, in accordance with the PSX Regulation 5.6.4. This disclosure was made to comply with the regulatory requirements for public companies.

The transaction details reveal that Farooq Mustafa, an executive at Macter International Limited, executed a sale of 500 shares in the company on March 20, 2025. These shares were sold at a rate of 433.90 each in the ready market category. Following this transaction, the cumulative number of shares held by Farooq Mustafa stands at 5,783.

According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of shares held by the executive does not exceed a significant threshold, remaining at 0.00 percent. This transaction aligns with the company's obligation to maintain transparency and inform the market of any significant changes in shareholding by executives and other relevant persons.

The disclosure of such transactions is a routine part of corporate governance practices, ensuring that all stakeholders are aware of any changes in the ownership structure of the company. The PSX Regulation 5.6.4 mandates such disclosures to uphold the integrity of the market and protect investors' interests.