Date: March 31, 2023
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
Disclosure of Interest by a Director, CEO, or Executive of a Listed Company and their Spouses and the
Substantial Shareholders u/c 5.6.4 of PSX Regulations
Dear Sir
We have to inform you that the following transactions have been executed by the substantial shareholder in shares of the Company, detail of which is hereunder:
Sr. No.
Name of Person
Date
Nature
1 2
3 4 5
TPL Corp Limited TPL Corp Limited TPL Corp Limited TPL Corp Limited
29-03-2023 29-03-2023 29-03-2023 29-03-2023
Sell* Sell*
Buy BuyTPL Corp Limited
29-03-2023
Buy
Details of Transactions | ||
No. of shares Rate (Rs.) | Form of | Market |
Share | ||
Certificates | ||
CDS | Future | |
CDS | Future | |
CDS | Future | |
CDS | Future | |
CDS | Future |
1,575,000 1,000,000
50,000 1,525,000
14.38 14.39 14.95 14.97
1,000,000
14.98
*This is clarified that the shares have been sold in order to raise financing and the same shares have already been purchased in the future market.
We confirm that the said transactions will be presented in the subsequent Board meeting including duly highlighted the non-compliance(s), if any, for their consideration as required under clause No. 5.6.4 of PSX Regulations and confirm the same to the Exchange.
We further confirm that holding period for the transactions is over six (06) months and in case it is within six (06) months, the cheque equivalent to the profit shall be deposited with SECP as required under Section 105 of the Securities Act, 2015 under intimation to PSX.
Yours truly
Danish Qazi Company Secretary
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TPL Properties Ltd. published this content on 31 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2023 07:23:09 UTC.