Lahore: Service GlobalFootwear Limited has announced a significant share transaction executed by one of its board members. On December 31, 2025, Omar Saeed, a non-executive director of the company, sold 803,090 shares. This transaction was carried out under the regulations mandated by the Pakistan Stock Exchange (PSX).
According to information available from the Pakistan Stock Exchange (PSX), the shares were sold in the ready market. The cumulative percentage of shares held by Omar Saeed following this transaction stands at 0.23%. The movement in shareholdings is classified as a very large or significant move, given the substantial volume of shares involved in the transaction.
Service GlobalFootwear Limited is categorized under the designated market category of footwear manufacturing and distribution. The disclosure of this transaction complies with PSX Regulation 5.6.4, which requires relevant persons, including directors and substantial shareholders, to report their share dealings to ensure transparency and maintain investor confidence in the market.