Karachi: Pak-Gulf Leasing Company Limited has announced a board meeting scheduled for September 20, 2024, to deliberate on the Annual Financial Statements for the fiscal year ending June 30, 2024. The session will convene at the company’s registered office, following regulatory mandates set by the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), a “Closed Period” has been declared from September 13, 2024, to September 20, 2024, inclusive of both dates. During this period, stringent restrictions are in place prohibiting company directors, the CEO, and executives from any dealings in the company’s shares.
The enforcement of the Closed Period is in compliance with Clause 5.6.4 of the PSX Regulations, which aims to prevent insider trading around significant corporate disclosures or events. The company has also directed that certificate holders of the exchange be informed about this critical governance period.
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