Karachi: TPL REIT Management Company Limited has reported a series of transactions involving its director, Muhammad Ali Jameel, according to a disclosure dated June 11, 2026. The transactions were executed in compliance with the Pakistan Stock Exchange regulations, under the code for disclosure of interest by directors, CEOs, or executives of listed companies, their spouses, and substantial shareholders.
The transactions, conducted on May 29, 2026, involved both sales and purchases in the future market. The director sold 2.50 million units at a rate of Rs. 7.93 each and subsequently purchased an equal number of units at Rs. 8.14. Another set of transactions included the sale of 2.915 million units at Rs. 8.00, followed by a purchase of the same volume of units at Rs. 8.13. These trades were executed through the Central Depository System (CDS) in the future market.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative shareholding of Muhammad Ali Jameel now stands at 7,854,523 shares, maintaining a 0.42% stake in the company. This percentage represents a minor move in terms of shareholding adjustment.
TPL REIT Management Company Limited, which oversees TPL REIT Fund-I, confirmed that these transactions are scheduled to be reviewed in an upcoming board meeting. The review will include an assessment of any non-compliance issues in accordance with clause No. 5.6.4 of PSX Regulations, with outcomes to be reported back to the Exchange.