Karachi: TPL Properties Limited, a substantial shareholder in TPL REIT Fund I, has executed several significant share transactions, according to the latest disclosure report dated June 12, 2026. The transactions were conducted under the regulation 5.5.4 of the Pakistan Stock Exchange (PSX).
The substantial shareholder sold a total of 5 million shares on May 8, 2026, at a rate of 8.08 per share. This sale was followed by another transaction on May 18, 2026, where 581,134 shares were sold at a rate of 8.26 per share. Continuing the divestment, TPL Properties Limited sold an additional 5 million shares on May 19, 2026, at 8.05 per share. The final transaction in the reported period occurred on May 21, 2026, with the sale of 229,062 shares at a rate of 8.01 per share.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative number of shares held by TPL Properties Limited after these transactions remains at 534.79 million. The cumulative percentage of shares held stands at 29.14%, reflecting a stable holding position despite the sales activity.
The transactions were conducted in the designated ready market category, with all share certificates held in the Central Depository Company (CDC) format. The series of transactions represent a significant move in the market, reflecting TPL Properties Limited's strategic financial decisions concerning its holdings in TPL REIT Fund I.