Karachi: Symmetry Group Limited has released a disclosure regarding share transactions conducted by the company's executive director, Syed Sarocsh Ahmed. The transactions were carried out in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, concerning the disclosure of interest by relevant persons holding company shares.

According to the disclosure, Syed Sarocsh Ahmed, who serves as an Executive Director of Symmetry Group Limited, engaged in two separate transactions involving the gifting of shares. The transactions were executed through the Central Depository Company (CDC), with the first taking place on May 7, 2025, and the second on May 15, 2025.

In the first transaction on May 7, 2025, Syed Sarocsh Ahmed gifted 1 million shares, reducing his cumulative shareholding to 88.65 million shares, representing 31.08 percent of the company's total shares. This transaction was recorded at a rate of 0.00, indicating that the shares were transferred without any financial exchange.

The second transaction, conducted on May 15, 2025, involved the gifting of 4 million shares. This further reduced his cumulative shareholding to 84.65 million shares, adjusting his overall percentage of ownership to 29.67 percent. The rate for this transaction was also 0.00, confirming the nature of the transfer as a gift.

According to information available from the Pakistan Stock Exchange (PSX), these disclosures are a part of the regulatory requirements that ensure transparency in the holding and transfer of shares by individuals in key positions within a company. The designated market for these transactions is the Central Depository Company (CDC), through which the shares were effectively transferred.

This disclosure is a critical step in maintaining transparency and accountability within publicly traded companies, ensuring that shareholders and the public are informed about significant changes in shareholding by key personnel.