Karachi: TPL Properties Limited, a substantial shareholder in TPL REIT Fund I, has executed a significant series of share sales, according to a disclosure filed under PSX Regulation 5.6.4. The transactions, which occurred over a four-day period, were carried out by the company itself and involved a total of 16.29 million shares.

On June 9, 2026, TPL Properties Limited initiated the share sales by selling 4.00 million shares at a rate of 9.03. This initial transaction was followed by the sale of an additional 3.00 million shares on June 10 at a higher rate of 9.25.

The trading activity intensified on June 11, with the company executing three separate transactions. The first involved the sale of 1.00 million shares at a rate of 9.49. This was followed by the sale of another 3.00 million shares at a rate of 9.85. The day concluded with the sale of 5.79 million shares at a rate of 9.86.

The series of transactions concluded on June 12, with the sale of 500,000 shares at a rate of 9.97. Overall, these transactions brought the cumulative number of shares held by TPL Properties Limited to 517.49 million, maintaining a cumulative percentage of 28.20.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are categorized under the 'Ready' market segment. The disclosure of these share sales is in compliance with PSX regulations, ensuring transparency and adherence to market norms.

The financial impact of these share transactions reflects a moderate move in the market, as evidenced by the steady cumulative percentage held by TPL Properties Limited. The transactions provide insight into the company's strategic financial decisions and their alignment with market expectations.