📉 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

• 📢 Director Muhammad Ali Jameel sold 1,834,363 shares of TPL Properties Limited (TPLP).
• 📅 The transaction occurred on February 10, 2025.
• 💰 The shares were sold at a rate of PKR 11.88 per share.
• 🏛️ The transaction was executed through the Central Depository System (CDS).
• 📊 After the sale, the director’s cumulative shareholding is 47,340,651 shares.
• 📉 The director’s cumulative shareholding now represents 8.44% of the company.
• 📑 The disclosed information adheres to PSX Regulations u/c 5.6.4.
• ✅ The transaction will be presented at the next board meeting for review.
• 🏢 TPL Properties Limited is the company involved in this disclosure.
• 🗓️ The disclosure was made on October 9, 2025.
• 📍 TPL Properties Ltd. is located in Karachi, Pakistan.
• 💼 Shayan Mufti is the Company Secretary who signed the disclosure.
• ❗ The announcement pertains to the disclosure of interest by a Director.
• 🚦The shares were readily available in the market.
• 🤔 The implications of this sale on investor confidence should be monitored.

🎯 Investment Thesis

Based on the director’s sale of shares, a SELL recommendation is warranted. While the director’s remaining stake is still substantial, the sale indicates a potential lack of confidence or shift in investment strategy. A price target of PKR 10.50 is set, based on potential downward pressure following the disclosure. The time horizon is short-term (3-6 months) as the market absorbs the news and potentially corrects.