Karachi: TPL REIT Management Company Limited (TPL RMC) has reported notable trading activities involving its substantial shareholder and director, TPL Properties Limited, and executive Muhammad Ali Jameel. The disclosure, made under clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations, outlines a series of buy and sell transactions conducted in June 2026.

According to the information filed, TPL Properties Limited executed substantial buy and sell transactions on June 22 and June 23. Initially, on June 22, TPL Properties Limited purchased 11.89 million units at a rate of Rs. 9.89 each and subsequently sold the same quantity at Rs. 9.66. The following day, the entity bought another 6.00 million units at Rs. 9.93 and sold them at Rs. 9.75. These transactions were conducted through the Central Depository System (CDS) in the future market. Furthermore, an earlier transaction on June 18 involved the sale of 134,133 units at Rs. 10.01.

On June 23, Muhammad Ali Jameel, another executive of TPL RMC, engaged in a transaction involving the purchase and sale of 9.915 million units at Rs. 9.85 and Rs. 9.91, respectively. These trades also took place in the future market through the CDS.

According to information available from the Pakistan Stock Exchange (PSX), these transactions culminated in TPL Properties Limited holding 489.81 million shares, representing a 26.69% interest, and Muhammad Ali Jameel holding 8.02 million shares, equating to a 0.44% interest in the company.

The aforementioned transactions will be reviewed in the upcoming Board meeting, where any potential non-compliance with PSX regulations will be evaluated. The findings will be reported back to the Exchange in accordance with the regulatory requirements.