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Lahore: Systems Limited has announced that its 223rd Board Meeting will convene on October 21, 2024, at Lahore office and online. The key agenda for the meeting will be to review the company’s quarterly accounts for the period ending September 30, 2024, and to consider the declaration of any entitlements.
According to information available from the Pakistan Stock Exchange (PSX), the Lahore-based IT services company has also declared a closed period from October 15 to October 21, 2024, during which no director, chief executive officer, or executive will be permitted to deal in the company’s shares. This restriction is in line with Rule 5.6.1(d) of the Rule Book of the Pakistan Stock Exchange, designed to prevent insider trading during critical financial disclosures.
The notice issued also requested that TRE Certificate Holders of the Exchange be informed accordingly, ensuring compliance with market regulations and maintaining transparency during the closed period.