Date: July 16, 2026 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 | Details of Transactions | Cumulative Shareholding | ||||||
Date | Nature | No. of shares | Rate (Rs.) | Form of Share Certificates | Market | No. of Shares | Percentage | ||
1 | DEG-Deutsche Investitions- Und Entwicklungsgesells | 10-07-2026 | Other-Out* | 31,488,750 | 29.00 | CDS | NDM | 0 | 0.00 |
2 | TPL Corp Limited | 10-07-2026 | Other-In* | 31,488,750 | 29.00 | CDS | NDM | 138,380,320 | 69.66 |
3 | Finnish Fund For Industrial Cooperation Limited | 10-07-2026 | Other-Out* | 33,773,760 | 28.00 | CDS | NDM | 0 | 0.00 |
4 | TPL Corp Limited | 10-07-2026 | Other-In* | 33,773,760 | 28.00 | CDS | NDM | 172,154,080 | 86.66 |
5 | TPL Corp Limited | 10-07-2026 | Other-Out* | 138,380,320 | 30.00 | CDS | NDM | 33,773,760 | 17.00 |
6 | Jazz International Holding Limited | 13-07-2026 | Other-In* | 151,625,511 | 30.00 | CDS | NDM | 151,625,511 | 76.33 |
*Please note that the above transactions were carried out in connection with the acquisition of TPL Insurance Limited (the "Company") by Jazz International Holding Limited (the "Acquirer"), pursuant to the Share Purchase Agreement entered into between the aforementioned parties and the mandatory tender offer conducted in accordance with the applicable laws.
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.
Nadia Hussain Company Secretary
Yours truly