Karachi: TPL Properties Limited, identified as a substantial shareholder, executed a series of significant sell transactions in the shares of TPL REIT Fund I, according to a disclosure report filed under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The report, dated August 18, 2026, detailed the transactions carried out earlier in the month.
The transactions were conducted over two consecutive days in early August. On August 3, TPL Properties Limited sold a total of 10 million shares in two separate tranches of 4 million and 6 million shares, respectively. Each share was sold at a rate of 9.75 Pakistani Rupees. The following day, August 4, the company executed another sale of 10 million shares at the same rate. These transactions were processed through the Central Depository Company (CDC) under the negotiated deal market (NDM) category.
The cumulative number of shares held by TPL Properties Limited after these transactions stood at 473.62 million, representing a cumulative percentage of 25.81% of the total shares.
According to information available from the Pakistan Stock Exchange (PSX), the series of sales by TPL Properties Limited marks a very large or significant move in their holdings of TPL REIT Fund I. This reduction in shareholding could impact market perceptions and investor decisions regarding the TPL REIT Fund I.
The disclosure of interest by relevant persons holding the company’s shares is a regulatory requirement under PSX regulations, ensuring transparency and informed decision-making among investors in the designated market category.