Karachi: In a recent disclosure of interest by a non-executive director of TPL REIT Fund I, significant share transactions were reported, as per the regulatory requirements set by the Pakistan Stock Exchange. The report, dated November 3, 2026, highlights a series of buy and sell transactions executed by Mohammad Ali Jameel.
According to the details provided, Mohammad Ali Jameel, a non-executive director of TPL REIT Fund I, engaged in multiple transactions on October 27, 2026. The transactions were conducted in the future market, involving both buying and selling of shares. The first transaction recorded was a purchase of 2.50 million shares at a rate of 8.82 per share. This was closely followed by a sale of an equal number of shares at a slightly lower rate of 8.73 per share.
Further transactions on the same day included another purchase of 9.92 million shares at a rate of 8.73 per share, and a subsequent sale of the same volume at a reduced rate of 8.60 per share. These transactions resulted in a cumulative holding of 22.76 million shares, maintaining a cumulative percentage of 1.24% of the company's total shares.
The designated market for these transactions was the future market. According to information available from the Pakistan Stock Exchange (PSX), these activities fall under the disclosure requirements for substantial shareholders as well as directors and executives of listed companies.
This report underscores the importance of transparency and compliance within financial markets, as TPL REIT Fund I adheres to the regulations outlined by the PSX. The movements in share transactions reflect strategic financial decisions by stakeholders within the company.