⚡ Flash Summary
Nadeem Nisar has increased his shareholding in PACE (Pakistan) Limited exceeding 10% of the company’s total issued shares. On October 23, 2025, he acquired 4,465,153 voting shares bringing his total to 30,006,624 shares (10.76%). He further purchased 22,849 shares on October 24, 2025, increasing his stake to 30,029,473 shares, representing 10.77% of the company’s share capital. This disclosure is in compliance with Section 110 of the Securities Act, 2015.
📌 Key Takeaways
- 📢 Nadeem Nisar increased his stake in PACE (Pakistan) Limited.
- 🗓️ Initial acquisition of 4,465,153 shares on October 23, 2025.
- 📊 Initial shareholding reached 30,006,624 shares.
- 📈 Initial stake represented 10.76% of total issued shares.
- ➕ Additional purchase of 22,849 shares on October 24, 2025.
- 🎯 Total shareholding increased to 30,029,473 shares.
- 💯 Final stake represents 10.77% of the company’s share capital.
- 📜 Disclosure made under Section 110 of the Securities Act, 2015.
- 🏢 Compliance with Securities and Exchange Commission of Pakistan regulations.
- 📍 Acquirer’s address: Lahore, Pakistan.
- 🆔 Acquirer’s CNIC: 35202-9805828-5.
- 💰 Purchase price of additional shares: 21.75 per share.
🎯 Investment Thesis
HOLD. While the increased shareholding is notable, the magnitude of the change is not significant enough to warrant a change in investment recommendation. Continued monitoring of further shareholding changes and company performance is warranted. The current information does not provide a sufficient basis to adjust the price target.
Disclaimer: AI-generated analysis. Not financial advice.