UBL reports insider transactions worth over Rs 1.30 billion

UBL - Insider Transaction
Posted by: Aamir Hayat 0

UBL reports insider transactions worth over Rs 1.30 billion

In a notification sent to the PSX on 16/05/2024, United Bank Limited (UBL) reported multiple transactions. detailed in the following table.

Name of Person/EntityDateNatureNo. of SharesRate per Share (Rupees)Total Amount
Providus Capital (Pvt) Ltd15-05-2024Buy1,370,122203.1848278,387,964
Providus Capital (Pvt) Ltd16-05-2024Buy500,000209.1633104,581,650
Providus Capital (Pvt) Ltd17-05-2024Buy2,256,378212.8824480,343,163
Providus Capital (Pvt) Ltd20-05-2024Buy1,773,994212.5139376,998,383
5,900,494Avg Rate (210.20)1,240,311,160
Source: PSX, Ksestocks
Name of Person (Description)DateNatureNo. of SharesRateTotal Amount
Zameer Mohammed Choudrey (Non-Executive Director)2024-05-15BUY70000205.0014,350,000.00
Haider Zameer Choudrey (Non-Executive Director)2024-05-14BUY75000198.0514,853,750.00
Rakshanda Choudrey (Spouse of Zameer Mohammed Choudrey; Non-Executive Director)2024-05-15BUY55000203.5211,193,600.00
Umair Zameer Choudrey (Substantial Shareholder)2024-05-14BUY4845198.15960,486.75
Umair Zameer Choudrey (Substantial Shareholder)2024-05-15BUY90155202.6318,271,227.65
Total295,000Avg RAte (202.12)59,628,064.40
Source: PSX, Ksestocks

UBL shares were last trading at Rs 215.01 today.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →


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