Karachi: Jazz International Holding Limited has published an addendum to its initial public announcement, indicating its intention to acquire shares and control of TPL Insurance Limited. The announcement was made on December 17, 2025, according to information provided by Arif Habib Limited.

The addendum was disseminated through publications in the Business Recorder and Nawa-i-Waqt, in compliance with Regulation 6(5) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. This step represents a significant move by Jazz International Holding Limited, with Pakistan Mobile Communications Limited acting in concert with the acquirer.

According to information available from the Pakistan Stock Exchange (PSX), this development is a key aspect of the ongoing acquisition process. Jazz International Holding Limited's efforts are directed towards gaining a substantial stake in TPL Insurance Limited, referred to as the Target Company, thereby augmenting its influence and control.

The addendum and the initial public announcement are crucial components in the regulatory process, ensuring transparency and adherence to the established guidelines. Stakeholders and interested parties are advised to refer to the published documents for further insights and details regarding the acquisition intentions and related procedural aspects.

For additional information or clarification, stakeholders may contact the undersigned at Arif Habib Limited.