Pakistan Synthetics Limited’s Executive Director Acquires Additional Shares

Karachi: Pakistan Synthetics Limited disclosed recent transactions involving its executive director, Noman Yakoob, as per the company's regulatory filing. On May 12, 2025, Yakoob purchased 43,335 shares at a rate of 48.44 per share. This acquisition increased his cumulative shareholding to 36,652,082 shares, maintaining his stake at 26.43 percent.

Two days later, on May 14, 2025, Yakoob acquired an additional 20 shares at a rate of 48.00 per share. This transaction did not alter his cumulative percentage holding, which remains at 26.43 percent, but marginally increased his total share count to 36,652,102.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted in the ready market and were completed using the Central Depository Company (CDC) form of share certificates. The nature of both transactions was categorized as a 'buy.'

This development reflects ongoing interest and investment activity by key personnel within the company. The designated market category for these transactions is the ready market.