Karachi: United Bank Limited has disclosed a transaction executed by a member of its senior management, Abdul Aleem Qureshi, involving the purchase of shares in the company. The announcement was made in compliance with the Pakistan Stock Exchange (PSX) regulation S.6.4, which mandates the disclosure of interests by relevant persons holding the company’s shares.

According to the disclosure, Abdul Aleem Qureshi, a senior management official at United Bank Limited, has purchased 25,000 shares of the company. The transaction was carried out on March 13, 2026, at a rate of 365.7025002 per share through the Central Depository Company (CDC) in the ready market.

The disclosure document indicated that this transaction does not alter the cumulative percentage of shares held, maintaining it at 0.00%. This suggests that the acquisition represents a minor move in the context of the overall company shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are critical for maintaining transparency and ensuring that the investing public is informed about transactions by key stakeholders within publicly listed companies. This specific transaction contributes to the transparency that the PSX aims to uphold.

The designated market category for United Bank Limited is the banking sector, which is a significant component of Pakistan’s financial market. The transaction by Mr. Qureshi is part of routine disclosures that are expected from individuals in substantial positions within listed companies to ensure market integrity.