📉 TPLP: SELL Signal (7/10) – Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations

📌 Key Takeaways

• 📉 TPL Corp Limited sold 377,840 shares of TPL Properties Limited.
• 🗓️ The transaction occurred on October 6, 2025.
• 💰 The sale price was PKR 11.12 per share.
• 🏢 The transaction was executed by TPL Corp Limited.
• 📊 The sale took place in the ready market through CDS certificates.
• 📉 Following the sale, cumulative shareholding is 196,757,162 shares.
• ⚖️ The remaining shareholding represents 35.07% of the company.
• 📜 The disclosure is under PSX Regulations 5.6.4.
• 📣 The transaction will be presented in a subsequent Board meeting.
• ⚠️ Non-compliance issues, if any, will be highlighted.
• ✔️ The Exchange confirms the details of the transaction.
• 🏢 Shayan Mufti, Company Secretary, signed the announcement.

🎯 Investment Thesis

Given the sale of shares by a substantial shareholder and the potential downward pressure on the stock, a SELL recommendation is warranted. While TPL Properties Limited has potential, the immediate impact of this transaction presents risks. Price Target: PKR 9.00. Time Horizon: SHORT_TERM