Karachi: An unusual movement in the share price of Olympia Mills Limited (OML) has prompted an official announcement from the company, adhering to the requirements set forth by Section 97 of the Securities Act, 2015, and clause 5.6.3 of the Pakistan Stock Exchange (PSX) Regulations. The announcement, dated July 13, 2026, mandates listed companies to disclose relevant matters or developments to the public if irregularities in their share price or trading volume are observed.

The PSX has noted this irregular movement in the price of OML shares over the preceding period. According to information available from the Pakistan Stock Exchange (PSX), companies experiencing such fluctuations are obligated to either provide details of any pertinent developments or affirm their lack of awareness regarding any such issues.

In compliance with PSX Regulation 5.6.1, companies must promptly disseminate any material or price-sensitive information likely to impact share price or trading volume. Olympia Mills Limited has been advised to supply sufficient information clarifying the cause of the unusual price movement. This disclosure is crucial for public awareness and is to be promptly communicated through PUCARS, as stipulated under PSX Regulation 5.6.3.

The designated market category for this announcement pertains to the stock and securities exchange sector.