Karachi: United Bank Limited (UBL) has disclosed recent share transactions involving senior management under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. On March 31, 2026, UBL reported that significant transactions were executed by members of its senior management, specifically Munawar Raza Shah and Adil Haroon, thereby affecting their personal holdings in the company.

Munawar Raza Shah, a senior management member, executed a purchase on March 27, 2026. Shah acquired 102,956 shares at a rate of 351.09 Pakistani Rupees per share. This transaction brought Shah’s cumulative shareholding to 150,000 shares. Despite this acquisition, the cumulative percentage of shares held remained at 0.00%, indicating no change in the overall shareholding structure attributable to this transaction.

Adil Haroon, also a senior management member, completed two separate purchases. On March 27, 2026, Haroon bought 10,000 shares at a rate of 345.10 Pakistani Rupees per share. Subsequently, on March 30, 2026, Haroon acquired an additional 10,000 shares at a rate of 335.10 Pakistani Rupees per share. These transactions increased Haroon’s cumulative shareholding to 190,666 shares. However, similar to Shah’s acquisition, the cumulative percentage of Haroon’s shares also remained at 0.00%, reflecting no change in his proportional ownership in UBL.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were conducted in the ready market segment and involved Central Depository Company (CDC) form of share certificates. Despite the increase in the number of shares held by these executives, the transactions did not result in any alteration to the overall shareholding percentages within the company.

The market category for United Bank Limited remains unchanged as these movements in shareholding have not impacted the broader shareholder structure. These transactions highlight the ongoing engagement of senior management in UBL’s stock, ensuring alignment with the company’s financial interests.