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Karachi: First Credit and Investment Bank Limited has announced a forthcoming board meeting scheduled for October 26, 2024, in Karachi. The primary agenda will be to review the quarterly financial statements for the period ending September 30, 2024, and to discuss any potential entitlements for shareholders. According to information available from the Pakistan Stock Exchange (PSX), this meeting comes during a designated “Closed Period” that will run from October 19 to October 26, 2024, during which no director, CEO, or executive is permitted to trade shares of the company.
The bank has emphasized compliance with regulatory guidelines by declaring the closed period under Clause 5.6.1(d) of the Rule Book of the Exchange, ensuring that insiders do not engage in transactions that might exploit unpublished sensitive information.
All TRE Certificate holders of the Exchange have been notified to refrain from any direct or indirect dealings in the shares during this period, reflecting the company’s commitment to transparency and fair trading practices.
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