Karachi: United Bank Limited (UBL) has announced a recent transaction involving the purchase of shares by a member of its senior management's family. According to information disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, Imran Sultan, the spouse of Nadia Tabassum, who is part of UBL's senior management, has purchased shares in the company.
The transaction took place on July 2, 2025, within the designated market category of 'Ready'. Imran Sultan acquired 63,000 shares at a rate of 302.97 each. This acquisition brings the cumulative number of shares held to 237,326, representing a cumulative percentage of 0.01.
According to information available from the Pakistan Stock Exchange (PSX), this transaction is categorized as a Minor move. The purchase aligns with the company's disclosure requirements, ensuring transparency in the dealings of its senior management and their immediate family members.