Karachi: TPL Properties Limited, a substantial shareholder of TPL REIT Fund I, has recently executed a series of significant share transactions, according to information released under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The disclosure, dated June 24, 2026, details various sales of the company's shares by substantial shareholders and related parties.
The transactions commenced on June 12, 2026, with TPL Properties Limited selling 2,665,001 shares at a rate of 9.84 per share. On the same day, an additional 500,000 shares were sold at a rate of 9.97 per share. Further transactions occurred on June 15, with the sale of 1,760,816 shares at a rate of 9.49 per share. According to information available from the Pakistan Stock Exchange (PSX), these transactions have been recorded in the market category designated as 'Ready'.
On June 16, TPL Properties Limited continued its share sales, disposing of 1,500,000 shares at a rate of 9.91 and an additional 3,500,000 shares at a rate of 9.84. The following day, on June 17, the company sold 1,501,500 shares at a rate of 10.06 and 1,400,000 shares at a rate of 10.05.
The final series of transactions took place on June 18, with sales of 239,067 shares at a rate of 10.07, 500,000 shares at a rate of 9.80, and 134,133 shares at a rate of 10.01. These transactions resulted in a cumulative total of 4.90 billion shares, maintaining a cumulative percentage holding of 26.69%.
These transactions reflect a very large or significant move in the market activity of TPL Properties Limited, highlighting the ongoing strategic financial maneuvers by substantial shareholders within the framework of PSX regulations.