SELL

⚡ Flash Summary

Map Out Management Company (Private) Limited, a shareholder of Unicap Modaraba, executed multiple sell transactions of the company’s shares on various dates in October 2025. The transactions involved selling shares at prices ranging from 5.80 to 6.57. A total of 746,662 shares were sold between October 2nd and October 22nd. The transactions are disclosed to the Pakistan Stock Exchange (PSX) as per regulatory requirements and will be presented in a subsequent board meeting.

📌 Key Takeaways

• 📉 Map Out Management Co. Pvt. Ltd. sold shares on multiple dates in October 2025.
• 🗓️ Sales occurred between October 2nd and October 22nd, 2025.
• 💰 Sale prices ranged from 5.80 to 6.57 per share.
• 📉 A total of 746,662 shares were sold during this period.
• 🗓️ On October 17, 2025, 20,000 shares were sold at 5.80.
• 📉 On October 2, 2025, 39,212 shares were sold at 5.80.
• 📉 On October 21, 2025, 150 shares were sold at 5.80.
• 📉 On October 22, 2025, a series of transactions took place: 99,500 shares at 5.91, 55,000 shares at 6.1, 60,500 shares at 6.2, 70,000 shares at 6.27, 95,000 shares at 6.32, 79,500 shares at 6.4 and 175,000 shares at 6.57.
• 💻 All transactions were executed electronically.
• 🏛️ The disclosure is in compliance with PSX regulations.
• ℹ️ The transactions will be presented in the subsequent board meeting for consideration.
• 📄 The disclosure was made by Unicap Modaraba to the PSX on October 22, 2025.

🎯 Investment Thesis

SELL. The repeated sale of shares by a major shareholder, Map Out Management Co. Pvt. Ltd., indicates a potential lack of confidence in Unicap Modaraba’s future prospects. This selling pressure could negatively impact the stock price in the short to medium term. A price target cannot be accurately assessed without additional financial information; the time horizon is medium term (3-6 months) for the negative impact.

⚡ Flash Summary

Map Out Management Company (Private) Limited, a shareholder of Unicap Modaraba, executed multiple sell transactions on October 23, 2025. A total of 382,000 shares were sold at a rate of PKR 7.03 per share. The transactions were all executed electronically. These transactions will be presented at a subsequent board meeting for consideration as per PSX regulations.

📌 Key Takeaways

• 🚨 Map Out Management Company sold shares.
• 📅 Transactions occurred on October 23, 2025.
• 📉 A total of 382,000 shares were sold.
• 💰 Sale price per share: PKR 7.03.
• 💻 All transactions were electronic.
• 🏢 Transactions to be reviewed by the board.
• 📜 Compliant with PSX regulations.
• 💼 Map Out Management is a key shareholder.
• ⚠️ Change in shareholder interest disclosed.
• 🔍 Further details to be presented in a board meeting.

🎯 Investment Thesis

Based on the disclosure of share sales by a major shareholder, a SELL recommendation is warranted. The sale might indicate concerns about the company’s future prospects. Investors should consider reducing their exposure to Unicap Modaraba. Price target is PKR 6.50, with a short-term time horizon.