Islamabad: Pakistan Oilfields Limited has disclosed a recent transaction executed by Mr. Muzaffar Khattak, a senior executive in the materials department, involving the sale of company shares. The transaction, executed on August 25, 2025, was reported to the Pakistan Stock Exchange as part of regulatory compliance requirements.

Details provided by Pakistan Oilfields Limited indicate that Mr. Khattak sold 1,000 shares at a rate of 647.53 per share. The shares were sold electronically in the market. The transaction will be reviewed in an upcoming board meeting, in accordance with clause No. 5.6.4 of the PSX Regulations, ensuring transparency and adherence to regulatory standards.

The holding period for this transaction exceeds six months. According to the company, if the holding period had been less than six months, any profit would have been deposited with the Securities and Exchange Commission of Pakistan (SECP), as mandated by Section 105 of the Securities Act, 2015. This measure underscores the commitment to regulatory compliance and ethical trading practices.

According to information available from the Pakistan Stock Exchange (PSX), the transaction falls under the category of a Minor move, reflecting the nature of price changes associated with the sale.

The disclosure highlights the company’s adherence to regulatory norms, ensuring that all transactions by directors, executives, and significant shareholders are conducted transparently and reported accurately to maintain market integrity. Pakistan Oilfields Limited operates under the designated Oil and Gas market category, providing critical insights into the activities and transactions of its key personnel.