Substantial Shareholder EFG Hermes UAE Executes Major Transactions in TPL Trakker Limited

Karachi: EFG Hermes UAE LLC, a substantial shareholder of TPL Trakker Limited, has reported significant trading activities involving the company's shares, according to a disclosure filed under the Pakistan Stock Exchange regulations. The transactions, conducted on June 29, 2026, demonstrate a dynamic movement in the market holdings of TPL Trakker.

The report, dated October 1, 2026, outlines the details of the transactions executed by EFG Hermes UAE LLC. The firm engaged in a purchase of 14,175,000 shares through the Central Depository Company (CDC) in the Negotiated Deal Market (NDM) at a rate of 17.50 per share. This acquisition raised their cumulative shareholding to 22,898,460, representing a cumulative percentage of 12.23%.

Additionally, EFG Hermes UAE LLC executed a sale of 1,289,326 shares through the CDC in the Ready Market at a rate of 22.88 per share. Following this transaction, their cumulative shareholding adjusted to 21,609,134 shares, equating to 11.54% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are a reflection of the active participation by substantial shareholders in the market, indicating a very large or significant move in their trading strategy. The detailed disclosure ensures transparency in line with the PSX regulations.

This development is observed in the broader context of TPL Trakker Limited's market performance and strategic shareholder activities, which are closely monitored by stakeholders for potential impacts on the company's market stature and investor confidence.