β‘ Flash Summary
On October 15, 2025, TPL Properties Limited (TPLP) disclosed a transaction by a Director, Muhammad Ali Jameel, involving the sale of 428,735 shares on August 10, 2025, at a rate of Rs. 11.35 per share. The shares were transacted in the ready market through CDS certificates. Following the transaction, Muhammad Ali Jameel’s cumulative shareholding stands at 42,711,916 shares, representing 7.61% of the company. This information is disclosed under PSX Regulations 5.6.1.(d) and will be presented in the subsequent Board meeting for review and compliance.
π Key Takeaways
- π Director Muhammad Ali Jameel sold 428,735 shares of TPLP on 08-10-2025.
- π° The sale price was Rs. 11.35 per share.
- π¦ The transaction was executed in the ready market.
- π CDS (Central Depository System) certificates were used for the transaction.
- π Post-transaction, Muhammad Ali Jameel holds 42,711,916 shares.
- π― This represents 7.61% of TPLP’s total shareholding.
- π The disclosure is in compliance with PSX Regulations 5.6.1.(d).
- π’ The transaction will be reviewed in the next Board meeting.
- ποΈ The disclosure date is October 15, 2025.
- πΌ Shayan Mufti, the Company Secretary, signed the disclosure.
- π TPL Properties Ltd. is located in Karachi, Pakistan.
- π’ The Pakistan Stock Exchange was notified of the transaction.
π― Investment Thesis
Based on the director’s sale of shares, a SELL recommendation is warranted. The director’s decision to reduce their holdings may indicate concerns about the company’s prospects. A price target needs to be established after analyzing the company’s financials and doing a valuation based on the current market conditions and sector trends. Time horizon for the sell is short-term, pending more data.
Disclaimer: AI-generated analysis. Not financial advice.