Pace Limited Director Sells Significant Shares Amid Regulatory Disclosure

Karachi: In a notable transaction involving Pace (Pakistan) Limited, a non-executive director has sold a substantial number of shares, as reported under the Pakistan Stock Exchange regulations. On November 13, 2026, Shahbaz Ali Taseer, a non-executive director of the company, executed a sale of 2.20 million shares, according to regulatory filings.

The shares were sold at a rate of 0.04 per share, as disclosed in a report dated November 13, 2026. This transaction has reduced Taseer's cumulative number of shares to 77,788, amounting to a cumulative percentage of 0.02%.

According to information available from the Pakistan Stock Exchange (PSX), the sale represents a significant move in the stock holdings of Pace (Pakistan) Limited, reflecting strategic financial decisions within the company.

This transaction is part of mandatory disclosures under the PSX regulations, specifically targeting directors, executives, and substantial shareholders, along with their families, to ensure transparency and maintain investor trust in the market.