Karachi: United Bank Limited has disclosed a recent transaction involving one of its executives, Ali Abbas, in accordance with regulatory requirements. The report, dated October 21, 2026, outlines the buying activity undertaken by Abbas in the company's shares.
Ali Abbas, an executive at United Bank Limited, executed a purchase transaction in the ready market on October 19, 2026. The transaction involved the acquisition of 364 shares at a rate of 411.98 each. This purchase brings Abbas's cumulative holding to 2,090 shares, representing a cumulative percentage of 0.00%.
According to information available from the Pakistan Stock Exchange (PSX), the disclosure is made under regulation u/c 5.6.1.(d) concerning the interest of directors, CEOs, executives, their spouses, and substantial shareholders in the shares of the company. This regulatory framework ensures transparency and accountability for transactions conducted by key individuals within listed companies.