Lahore: Nestle Pakistan Limited has announced the execution of several share transactions involving the spouse of an Executive Director, as per the company's disclosure obligations under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions were executed on November 24, 2025.
According to the disclosure, Maimoona Faisal, identified as the spouse of Executive Director Faisal Nadeem, conducted a series of transactions involving purchases of company shares. The transactions involved the acquisition of a total of 21 shares, each valued at varying rates, leading to a cumulative holding of 125 shares. The cumulative percentage of this holding stands at 0.00%, indicating no change in the overall shareholding percentage.
The individual transactions were conducted at rates between 7,999.90 and 8,080.99 per share. These acquisitions were executed in the ready market category. According to information available from the Pakistan Stock Exchange (PSX), these transactions are subject to regulatory scrutiny and documentation requirements, which include presentation at the subsequent Board of Directors meeting and submission via Form-30 of the Correspondence Manual through PUCARS.
The note accompanying the disclosure emphasizes compliance with the Securities Act, 2015, particularly regarding the holding period for such transactions. Should the holding period be less than six months, any profits realized must be deposited with the Securities and Exchange Commission of Pakistan (SECP) with due intimation to the PSX. Additionally, the disclosure reiterates that no Director, CEO, or Executive may engage in share dealings during the closed period.
The company has ensured that all requisite details are updated in the UIN Management System as part of its regulatory obligations. The announcement underscores Nestle Pakistan Limited's adherence to transparency and regulatory compliance in its financial dealings.