TPL Properties : Material Information

Date: December 12, 2022

Form-25

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi.

Subject: Disclosure of Material Information

Dear Sir,

In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1 (a) of PSX Regulations, we hereby convey the following:

We are pleased to announce that our TPL REIT Fund I ("Fund") has completed its acquisition of initial portfolio of real estate assets after completing the acquisition of land for Tech Park project by way of acquiring 100% stake in TPL Technology Zone Phase I (Pvt) Ltd ("SPV") from TPL Properties Limited against the issuance of 162.5 Million REIT units. This transaction has completed the strategic investment of PKR 7,100 million in the Fund by TPL Properties Limited.

We will inform you as and when any significant progress materializes in respect of the above.

Yours sincerely,

Danish Qazi

Company Secretary

Cc:

The Commissioner,

Company Law Division,

Securities and Exchange Commission of Pakistan,

NIC Building, 63, Jinnah Avenue, Blue Area, Islamabad.

ANNEXURE A

DISCLOSURE FORM

IN TERMS OF SECTIONS 96 AND 131 OF THE SECURITIES ACT, 2015

Name of Company:	TPL Properties Limited
	20th Floor, Sky Tower, East Wing,
	Dolmen City, HC-3, Block 4,
	Abdul Sattar Edhi Avenue, Clifton,
	Karachi
Date of Report:	December 12, 2022
Contact Information:	Danish Qazi
	Company Secretary
	20th Floor, Sky Tower, East Wing,
	Dolmen City, HC-3, Block 4,
	Abdul Sattar Edhi Avenue, Clifton,
	Karachi
	Telephone Number:	[phone] (5)
	Fax Number:	[phone]

Please mark the appropriate box below (see General Instruction A.1 below before filing the details).

[√ ]	Disclosure of price sensitive / inside information by listed company.

Public disclosure of price sensitive / inside information, which directly concerns the listed securities.

In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1 (a) of PSX Regulations, we hereby convey the following:

We are pleased to announce that our TPL REIT Fund I ("Fund") has completed its acquisition of initial portfolio of real estate assets after completing the acquisition of land for Tech Park project by way of acquiring 100% stake in TPL Technology Zone Phase I (Pvt) Ltd ("SPV") from TPL Properties Limited against the issuance of 162.5 Million REIT units. This transaction has completed the strategic investment of PKR 7,100 million in the Fund by TPL Properties Limited.

We will inform you as and when any significant progress materializes in respect of the above.

________________

Danish Qazi

Company Secretary