Media Times Limited Schedules Board Meeting to Review Annual Accounts

Lahore: Media Times Limited has announced that its Board of Directors will meet on October 4, 2024, to review the annual audited accounts for the fiscal year ending June 30, 2024. The meeting, set to take place in Lahore, will also consider declarations of any entitlements and other corporate actions.

In alignment with regulatory requirements, the company has initiated a closed period starting from September 27, 2024, until the date of the meeting, October 4, 2024. According to information available from the Pakistan Stock Exchange (PSX), during this closed period, company directors, the CEO, and executives are restricted from buying or selling company shares. This measure is intended to prevent any insider trading based on the upcoming financial disclosures and decisions.

The outcomes of this board meeting could potentially influence shareholder value, depending on the financial results and the board’s decisions regarding dividends or other entitlements. The TRE Certificate Holders have been duly informed of the closed period and the scheduled meeting as part of the company’s compliance with PSX regulations.