⏸️ SEL: NEUTRAL Signal (5/10) – Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations

📌 Key Takeaways

• 🗓️ On November 27, 2025, 136,975 shares of SEL were purchased.
• 💰 The average purchase price on November 27 was approximately PKR 17.63 per share.
• 💸 The total transaction value on November 27 was PKR 2,422,357.41.
• 🗓️ On November 28, 2025, an additional 200,000 shares of SEL were purchased.
• 💰 The average purchase price on November 28 was approximately PKR 21.12 per share.
• 💸 The total transaction value on November 28 was PKR 4,236,361.42.
• 🏦 Both transactions were executed through Next Capital Limited.
• 📅 Settlement for the first purchase (Nov 27) is set for December 1, 2025 (T+2 NCSS).
• 📅 Settlement for the second purchase (Nov 28) is set for December 2, 2025 (T+2 NCSS).
• 🧾 Brokerage and FED amounts are detailed for each transaction.
• 💼 Tahir Ibrahim is the client executing these transactions.
• 📍 The client’s address is in Faisalabad, Pakistan.
• 📈 The share purchase indicates an increased interest or holding in Systems Limited (SEL).
• 🔍 Further context is needed to understand the purpose of these transactions.

🎯 Investment Thesis

Given the limited information, a neutral (HOLD) stance is appropriate. Further analysis is needed to determine the rationale behind these transactions and their potential impact on SEL’s stock price. A price target cannot be accurately set without additional information. The time horizon is dependent on the investment strategy behind these purchases.