Treet Battery Limited Shareholder Transactions: Substantial Movement Observed

Lahore: Treet Battery Limited has disclosed recent transactions involving its substantial shareholder, Treet Corporation Limited, according to records under the Pakistan Stock Exchange's Regulation 54.4. The disclosure, dated September 16, 2025, provides detailed information about these transactions.

The report highlights two significant sales of shares by Treet Corporation Limited, a substantial shareholder. On September 11, 2025, Treet Corporation Limited executed a sale of 14,327,904 shares. Following this, on September 12, 2025, an additional 7,468,433 shares were sold. The cumulative shareholding percentage after these transactions stands at 84.33%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are categorized as significant moves, reflecting notable activity within the designated market category. The sales are part of the regulated disclosure of interest by relevant persons holding the company's shares, as mandated by PSX regulations.

In accordance with the company's procedures, these transactions will be presented by the Company Secretary at the forthcoming Board of Directors meeting. The minutes of this session will be submitted via Form-30 through the PUCARS system. Furthermore, the company is tasked with ensuring the holding period of these transactions exceeds six months, or alternatively, depositing any profit from shorter holding periods with the Securities and Exchange Commission of Pakistan, as stipulated by Section 105 of the Securities Act, 2015.

Treet Battery Limited is also required to immediately update the United Identification Number Management System with the relevant transaction details, ensuring compliance with PSX's regulatory framework.