TPL Corp Limited Engages in Multiple Share Transactions on Future Market

Karachi: TPL Properties Limited has disclosed a series of significant share transactions by its substantial shareholder, TPL Corp Limited, in accordance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. The transactions, dated June 22 and June 23, 2026, involved both buying and selling activities in the future market, as outlined in the company's recent filing.

On June 22, 2026, TPL Corp Limited executed a series of transactions involving 1.50 million shares sold at a rate of Rs. 11.01 each, followed by the purchase of an equal number of shares at Rs. 11.16. This was followed by the sale of 3.05 million shares at Rs. 11.07 and a subsequent purchase of the same quantity at Rs. 11.22. A further transaction on the same day saw the sale of 2.56 million shares at Rs. 10.98, with a buyback at Rs. 11.13.

The following day, June 23, 2026, TPL Corp Limited sold and repurchased 1.00 million shares, with the sale taking place at Rs. 10.72 and the buyback at Rs. 10.90. According to information available from the Pakistan Stock Exchange (PSX), these transactions are significant in the context of the company's market activities.

The total number of shares involved in these transactions stood at 174.52 million, representing 31.10% of the market, a very large or significant move. The transactions were conducted through the Central Depository System (CDS) in the future market.

TPL Properties Limited has confirmed that these transactions will be reviewed in the upcoming Board meeting, where any non-compliance issues will be addressed in accordance with PSX regulations.