Karachi: Pakistan Oilfields Limited has disclosed a transaction involving Mr. Salah-ud-din, a Senior Executive in the Finance department, who executed a transaction in the company’s shares, according to documentation released on October 7, 2025. This disclosure aligns with the Pakistan Stock Exchange’s Regulation 5.6.4.
According to the information provided, Mr. Salah-ud-din executed a purchase transaction for a single share of Pakistan Oilfields Limited on October 6, 2025. The share was purchased at a rate of 734.85 in the market-ready form of CDC. The cumulative shareholding percentage remained unspecified in the disclosure.
According to information available from the Pakistan Stock Exchange (PSX), the company has confirmed that this transaction will be presented in the upcoming board meeting for consideration, as mandated by clause 5.6.4 of PSX Regulations. Furthermore, it has been confirmed that the holding period for this transaction exceeds six months. Should the holding period fall within six months, any profit generated would necessitate a cheque equivalent to the profit being deposited with the Securities and Exchange Commission of Pakistan (SECP), as per Section 105 of the Securities Act, 2015, with notification to the Pakistan Stock Exchange.