β‘ Flash Summary
On October 22, 2025, TPL Properties Limited disclosed a transaction executed by a substantial shareholder, TPL Corp Limited. On October 14, 2025, TPL Corp Limited sold 1,650,200 shares at a rate of PKR 11.88 per share. The transaction was executed in the ready market through CDS. Following this transaction, TPL Corp Limited’s cumulative shareholding stands at 190,684,802 shares, representing 33.98% of the company.
π Key Takeaways
- π TPL Corp Limited sold 1,650,200 shares of TPL Properties.
- π The transaction occurred on October 14, 2025.
- π° The sale price was PKR 11.88 per share.
- π’ The transaction was executed by a substantial shareholder.
- π The form of shares was CDS (Central Depository System).
- π¦ The market for the transaction was ‘Ready’.
- π― Post-transaction, TPL Corp Limited holds 190,684,802 shares.
- βοΈ This represents 33.98% of TPL Properties Limited.
- π’ The disclosure was made on October 22, 2025.
- π The disclosure is in accordance with PSX Regulations 5.6.4.
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π― Investment Thesis
SELL. The sale of a significant number of shares by a substantial shareholder raises concerns about the shareholder’s confidence in the company’s future prospects. The potential downward pressure on the stock price, coupled with the lack of additional information about the shareholder’s motivations, suggests a sell recommendation. Price Target: 10.00 PKR. Time Horizon: 3-6 months.
Disclaimer: AI-generated analysis. Not financial advice.