Pakistan Oxygen Schedules Board Meeting, Declares Closed Period for Trading

Karachi: Pakistan Oxygen Limited has scheduled a Board of Directors meeting for October 24, 2024, at its registered office in Karachi. The meeting aims to discuss and consider the financial statements for the third quarter and nine months ending September 30, 2024.

The company has also declared a “Closed Period” from October 17 to October 24, 2024, during which no director, CEO, or executive shall engage in any direct or indirect dealings of company shares. This measure aligns with clause 5.6.4 of the Pakistan Stock Exchange (PSX) regulations to ensure transparency and prevent any potential conflict of interest during the preparation and review of financial results.

According to information available from the Pakistan Stock Exchange (PSX), this closed period is part of routine compliance to safeguard the integrity of financial disclosures, ensuring that no insider trading takes place before the public announcement of financial results.

The company has also notified the relevant authorities, including the Securities and Exchange Commission of Pakistan, regarding the closed period and the upcoming board meeting.

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