TRG Pakistan Limited Reports Insider Share Purchase

Karachi: In a recent transaction on the Pakistan Stock Exchange, Greentree Holdings Limited, a substantial shareholder in TRG Pakistan Limited, purchased 4.34 million shares at a rate of PKR 54.00 per share on September 18, 2024. This transaction has increased Greentree Holdings’ total stake in TRG Pakistan to approximately 160.01 million shares, which corresponds to a cumulative shareholding of 29.34%.

This significant transaction was executed in the ‘Ready’ market category and recorded through the Central Depository Company (CDC). According to information available from the Pakistan Stock Exchange (PSX), the purchase reflects ongoing interest and confidence by major stakeholders in the company’s prospects.

This disclosure aligns with PSX Regulation 5.6.4 concerning the disclosure of interest by relevant persons holding company shares. The regulation mandates transparency and regular updates regarding any substantial changes in shareholding patterns by directors, CEOs, executives, and their immediate families, which include spouses and minors.

The timely reporting of such transactions is crucial for maintaining transparency and trust among investors, ensuring that all stakeholders are adequately informed about significant changes in share ownership.

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