Islamabad: Mari Petroleum Company Limited has announced a closed period ahead of an emergent board meeting scheduled for September 23, 2024, at its Registered Office to deliberate on unspecified matters. The closed period, mandated by Pakistan Stock Exchange (PSX) regulations, will run from September 20 to September 23, 2024, during which directors, the CEO, and executives are prohibited from dealing in the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), the restriction is a standard practice intended to prevent insider trading and maintain market fairness. The specific topics for discussion in the upcoming meeting have not been disclosed, but it has been clarified that financial results will not be on the agenda.
This regulatory announcement requires that TRE Certificate Holders at the Exchange be duly informed, ensuring compliance with governance standards set forth by the PSX.
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