Olympia Mills Limited Announces Board Meeting and Closed Period Prior to August Discussions

Karachi: Olympia Mills Limited has scheduled a board meeting on August 1, 2024, to deliberate on non-financial matters. The meeting, to be held in Karachi: will not focus on financial results but will cover other significant aspects related to the company’s operations.

According to information available from the Pakistan Stock Exchange (PSX), the company has also announced a “Closed Period” from July 26, 2024, to August 1, 2024. During this time, as mandated by the Code of Corporate Governance in the PSX Rule Book, no director, CEO, or executive is permitted to directly or indirectly deal in the company’s shares. This measure ensures compliance with governance norms and prevents any insider trading ahead of the board meeting.

The details of the board meeting’s agenda remain unspecified, but the company emphasizes that the discussions will exclude financial results. This announcement has been circulated to all members of the stock exchange to ensure transparency and adherence to regulatory requirements.