Karachi: Jubilee General Insurance Limited has scheduled a board meeting for August 20, 2024, to review the company's unaudited financial statements for the first half of the year ending June 30, 2024. The meeting will take place in Karachi and is critical for assessing the company’s mid-year financial performance.

According to information available from the Pakistan Stock Exchange (PSX), a closed trading period will be observed from August 14, 2024, through August 20, 2024. During this time, the directors, CEO, and executives are prohibited from buying or selling company shares. This prohibition ensures compliance with Rule 5.6.4 of the PSX Rule Book, which mandates a closed period to prevent insider trading around significant corporate disclosures.

The decision to impose a closed period reflects the company’s adherence to regulatory requirements and its commitment to maintaining transparency and fairness in the trading of its shares. Certificate holders of the exchange have been duly informed of these developments.