β‘ Flash Summary
On October 10, 2025, Muhammad Ali Jameel, a director of TPL Properties Limited (TPLP), sold 950,000 shares of the company at a rate of PKR 11.95 per share. The transaction was executed on the Ready market through CDS certificates. Following this transaction, Muhammad Ali Jameel’s cumulative shareholding in TPLP stands at 39,811,916 shares, representing 7.10% of the total shareholding. This disclosure is made in compliance with PSX Regulations u/c 5.6.4, ensuring transparency regarding directors’ trading activities.
π Key Takeaways
- π¨ Director Muhammad Ali Jameel sold 950,000 shares of TPL Properties Limited.
- ποΈ Transaction date: October 10, 2025.
- π° Sale price: PKR 11.95 per share.
- π Execution via CDS certificates on the Ready market.
- π Post-transaction, Jameel holds 39,811,916 shares.
- πΌ Cumulative shareholding now represents 7.10% of TPLP.
- π Disclosure under PSX Regulations u/c 5.6.4.
- π The transaction will be reviewed at the subsequent Board meeting.
- π’ TPL Properties Limited (TPLP) is the listed entity.
- π’ Announcement made on October 17, 2025.
- π Company based in Karachi, Pakistan.
π― Investment Thesis
SELL. The sale of a substantial number of shares by a director is a concerning signal. While it doesn’t necessarily indicate fundamental problems, it could negatively impact market confidence. Given the limited information, a conservative approach is warranted. Price target: PKR 10. Time horizon: Short-term (3 months).
Disclaimer: AI-generated analysis. Not financial advice.