Karachi: TPL Properties Limited, a substantial shareholder in TPL REIT Fund I, executed significant share transactions on the Pakistan Stock Exchange last week.

On July 16, 2026, the company sold 9.00 million shares at a rate of 10.31 per share. This transaction was followed by another sale on the same day, involving 3.50 million shares at a rate of 10.26 per share. The following day, July 17, 2026, saw a further sale of 2.30 million shares at a rate of 10.14 per share. The cumulative effect of these transactions leaves TPL Properties with a holding of 493.88 million shares, maintaining a cumulative percentage of 26.91%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are notable for their volume, with the total shares sold amounting to 14.80 million. This activity is classified as a very large or significant move in the market due to the substantial number of shares involved.

These transactions were carried out in the 'Ready' market and were disclosed by the company under PSX Regulation 5.6.4, which mandates the disclosure of interest by directors, CEOs, executives, and substantial shareholders.