📉 AVN: SELL Signal (6/10) – 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

• 👨‍💼 Ahsan Khalil, the Chief Financial Officer of Avanceon Limited, sold shares.
• 📉 8,309 shares were sold in the transaction.
• 💰 The sale price was PKR 44.86 per share.
• 📅 The transaction occurred on November 5, 2025.
• 📝 The disclosure was made on November 6, 2025.
• 🏢 The transaction was reported to the Pakistan Stock Exchange (PSX).
• 📊 The cumulative number of shares now held is 435,008.
• ⚖️ This represents 0.10% of the total shares.
• 📜 The disclosure is in compliance with clause 5.6.4 of the PSX Regulations.
• 💼 The transaction type was a direct sell (CDC).
• 🔍 The sale could be due to personal financial planning or portfolio diversification by the CFO.

🎯 Investment Thesis

Given the sale of shares by a key executive, Ahsan Khalil, and the potential negative sentiment it may create, a HOLD rating is recommended for Avanceon Limited (AVN) in the short term. Further analysis is needed to determine the reasons behind the sale and its long-term impact. A price target of PKR 42.00 is set, based on potential near-term price volatility. The time horizon for this recommendation is 3-6 months, pending further developments and analysis of AVN’s financial performance.