Service Global Footwear Limited to Review Mid-Year Financials and Consider Entitlements

Lahore: Service Global Footwear Limited announced that its Board of Directors will convene on August 24, 2024, at Lahore, to review the Half Yearly Accounts for the period ended June 30, 2024, and to discuss potential entitlements. The results of this meeting will be made public on August 26, 2024, following the closure of the weekend.

The meeting aims to assess the financial progress made in the first half of the year and determine any entitlements for shareholders. This decision-making process is critical as it influences the company’s financial strategies and shareholder returns.

According to information available from the Pakistan Stock Exchange (PSX), Service Global Footwear has also declared a Closed Period from August 16, 2024, to August 26, 2024. During this time, directors, the CEO, and executives are prohibited from trading the company’s shares. This is in compliance with Clause 5.6.4 of the PSX Regulations, ensuring transparency and fairness during this financially sensitive period.

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