Karachi: TPL REIT Management Company Limited (TPL RMC) disclosed significant transactions executed by its Substantial Shareholder and Director, Muhammad Ali Jameel, as reported in a notice dated May 18, 2026. The transactions, involving the purchase and sale of units, occurred on May 5, 2026, and fall under the regulations concerning disclosure of interest by directors and substantial shareholders at the Pakistan Stock Exchange (PSX).
Mr. Jameel executed a buy transaction involving 9,915,000 units at a rate of Rs. 7.91 per unit and a simultaneous sell transaction of the same number of units at Rs. 7.98 per unit. The transactions were carried out in the future market, with the shareholding percentage change noted at 0.43%, which represents a minor move.
According to information available from the Pakistan Stock Exchange (PSX), these transactions will be reviewed in an upcoming Board meeting, with considerations regarding any non-compliance as mandated by clause No. 5.6.4 of PSX Regulations.
The units, managed by TPL RMC through TPL REIT Fund-I, were traded in the Central Depository System (CDS) under the future market category. The disclosure is part of regulatory requirements ensuring transparency in transactions involving directors and key shareholders of listed companies.