⚡ Flash Summary
TPL Corp Limited, a substantial shareholder of TPL Properties Limited (TPLP), sold 945,000 shares on October 10, 2025, at a rate of PKR 11.94 per share. The transaction was executed through the Central Depository System (CDS) in the ready market. Following this sale, TPL Corp Limited’s cumulative shareholding in TPLP is reported to be 193,253,962 shares, representing 34.44% of total shares. This disclosure, as per PSX Regulations, will be presented at the next board meeting for review.
📌 Key Takeaways
- 🗓️ Transaction Date: October 10, 2025.
- 🏢 Company: TPL Properties Limited (TPLP).
- 👤 Seller: TPL Corp Limited.
- 📉 Nature of Transaction: Sale of shares.
- 🔢 Number of Shares Sold: 945,000 shares.
- 💰 Rate per Share: PKR 11.94.
- 🏦 Form of Shares: CDS (Central Depository System).
- Market: Ready Market
- 📊 Resulting Shareholding: 193,253,962 shares.
- 📉 Resulting Percentage Holding: 34.44%.
- 📜 Regulatory Compliance: Disclosure under PSX Regulations 5.6.4.
- 🗣️ Board Presentation: To be presented in the subsequent board meeting.
🎯 Investment Thesis
Given the sale of shares by a substantial shareholder but their continued significant holding, a HOLD recommendation is appropriate. Monitor the company’s performance and any further transactions by major shareholders before making a change in the recommendation.
Disclaimer: AI-generated analysis. Not financial advice.