Karachi: Recent transactions involving key figures associated with United Bank Limited (UBL) have been disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. According to the disclosure dated March 24, 2025, several high-profile individuals, including directors, executives, and substantial shareholders, have increased their holdings in the company through share acquisitions.

Haider Zameer Choudrey, a non-executive director of UBL, executed a purchase of 14,791 shares at a rate of 383.78 per share on March 21, 2025. This acquisition brings his cumulative shareholding to 5,101,026, representing a 0.42% stake in the company.

Meanwhile, Umair Zameer Choudrey, identified as a substantial shareholder, engaged in two separate transactions. On March 18, 2025, he acquired 423,287 shares at a rate of 386.18 per share, followed by an additional purchase of 246,024 shares at a rate of 384.86 per share on March 19, 2025. As of these transactions, his cumulative shareholding has reached 5,012,809, accounting for 0.41% of UBL's total shares.

Another non-executive director, Muhammad Irian Anwar Sheikh, also participated in the market activities by purchasing 30,000 shares at a rate of 382.02 per share on March 21, 2025. This acquisition increases his total shareholding to 680,000, which constitutes 0.06% of the company's equity.

In a related transaction, Tahira Sheikh, the spouse of Muhammad Irian Anwar Sheikh, executed a purchase of 4,000 shares on the same day, March 21, 2025, at a rate of 382.00 per share. Her cumulative shareholding now stands at 92,500, representing a 0.01% stake in the firm.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect strategic moves by UBL's key stakeholders to bolster their positions within the company. The designated market category for these transactions is "Ready," indicating that the shares were acquired through standard trading procedures on the exchange.