Transaction of 8,821,500 shares of TPL Insurance Limited

Karachi, TPL Insurance Limited informed Pakistan Stock Exchange about transaction of shares of the company. 8,821,500 shares @ Rs. 31.58 per share were bought from the market on June 25, 2021.

TPL Insurance is the first insurance company in Pakistan to sell general insurance products directly to the consumer. We launched in 2005 and since then have grown from strength-to-strength, delivering superior and hassle-free risk management services to individual clients. In 2015, we partnered with Greenoaks Global Holdings Limited (GGH), who acquired a 69.2% stake in our business. The relationship has bolstered our position in the market, with robust and sustainable financial backing, administration processes and technology-driven innovation that reinforces our ability to lead the way in the insurance industry in Pakistan.