Packages Limited Shareholding Transaction Executed by Executive’s Spouse

Karachi: Packages Limited has disclosed a recent transaction involving company shares held by a relevant person, as noted under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transaction was conducted by Mrs. Perwin Babar Ali, the spouse of Syed Babar Ali, an executive at the company. According to the disclosure dated December 17, 2025, Mrs. Ali executed a purchase of 5,000 shares.

The shares were acquired on December 12, 2025, under the 'Ready' market category. The cumulative number of shares held by Mrs. Ali now stands at 730.00, with a cumulative percentage of 2.33%. This transaction represents a significant move in terms of stock acquisition by a connected person within the company.

According to information available from the Pakistan Stock Exchange (PSX), such transactions are required to be presented by the Company Secretary at the next Board of Directors meeting. Additionally, minutes of the meeting must be documented and submitted through the Form-30 of the Correspondence Manual via PUCARS.

The regulation mandates that the holding period for such transactions must exceed six months. If the holding is less than six months, any resulting profit must be deposited with the Securities and Exchange Commission of Pakistan (SECP) as per Section 105 of the Securities Act, 2015. Furthermore, during a closed period, no director, CEO, or executive is permitted to engage in share transactions directly or indirectly.

The company has assured that the necessary updates to the UIN Management System are being made promptly to reflect this transaction.