⚡ Flash Summary
On October 14, 2025, Mr. Dawood Jan Muhammad, a substantial shareholder of Pakistan Services Limited (PSEL), sold 9,107,800 shares on the NDM at a rate of PKR 710 per share. This transaction resulted in a 0% cumulative shareholding post-transaction. The disclosure was made under PSX Regulation 5.6.4, which mandates the reporting of shareholding changes by directors, CEOs, executives, substantial shareholders, and their spouses and minors. The company has confirmed that this transaction will be presented at the next Board of Directors meeting, highlighting any non-compliance issues.
📌 Key Takeaways
- 🚨 Substantial shareholder Mr. Dawood Jan Muhammad sold a significant number of shares.
- 📉 9,107,800 shares were sold by Mr. Muhammad.
- 💰 The sale price was PKR 710 per share.
- 📅 The transaction occurred on October 13, 2025.
- 🏢 The sale was executed on the NDM (presumably National Depository Market).
- 📄 The disclosure is under PSX Regulation 5.6.4.
- 💼 Mr. Dawood Jan Muhammad is described as a ‘Substantial Shareholder’.
- 📊 Post-transaction, the cumulative shareholding is reported as 0%.
- 🗣️ The transaction will be discussed in the next Board of Directors meeting.
- ✅ The company confirmed compliance with PSX regulations.
- ✉️ The disclosure was communicated to the Pakistan Stock Exchange.
- 🏢 Pakistan Services Limited is the reporting entity.
- 📝 The form used for disclosure is Form-29.
🎯 Investment Thesis
Based on the information provided, a SELL recommendation is warranted. The complete exit of a substantial shareholder raises significant concerns about the company’s future performance and investor confidence. A price target would be highly speculative without additional fundamental analysis, but the near-term outlook appears negative. Time horizon: Short term.
Disclaimer: AI-generated analysis. Not financial advice.