Packages Limited Sets Board Meeting to Review Mid-Year Financials; Announces Closed Period

Lahore: Packages Limited has scheduled a board meeting for August 27, 2024, which will be held in Lahore and accessible via Zoom, to review the company's unaudited condensed interim financial statements for the half-year ended June 30, 2024. The meeting will also consider the declaration of any entitlements.

According to information available from the Pakistan Stock Exchange (PSX), the company has declared a "Closed Period" from August 21, 2024, to August 27, 2024, as mandated under Clause 5.6.4 of the PSX Rule Book. During this period, all directors, the CEO, and executives are prohibited from dealing in the company's shares, either directly or indirectly, until the interim financial results are publicly released.

This precaution is in place to prevent any insider trading based on yet-to-be-public financial information and to ensure that all market participants have access to financial data at the same time. TRE Certificate Holders of the exchange have been informed of the closed period and the upcoming board meeting.