Non-Executive Director Sells Shares in Olympia Mills Limited

Karachi: In a recent disclosure by Olympia Mills Limited, a significant transaction involving the sale of shares by a non-executive director has come to light. This announcement, dated November 13, 2026, adheres to the regulations set by the Pakistan Stock Exchange (PSX) concerning the disclosure of interest by directors, executives, and substantial shareholders.

According to the report, Ghazala Waqar, a non-executive director of Olympia Mills Limited, executed a transaction involving the sale of 5,000 shares. The shares were sold in the ready market on November 12, 2026, at a rate of 223.85 per share. This transaction brings the cumulative number of shares held by Waqar to 6,058,660, which constitutes a 50.48% stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is classified as a very large or significant move, given the substantial percentage of shares involved and the high cumulative percentage of ownership in the company. The transaction underscores the director's substantial stake in the company and highlights the dynamic nature of shareholding in publicly listed corporations.

Olympia Mills Limited has been transparent in its compliance with PSX regulations, ensuring that all relevant stakeholders are informed of significant changes in shareholding by its key personnel. The designated market category for this transaction remains under the scrutiny of industry analysts and stakeholders who monitor such significant movements within the market.