Lahore: LSE Financial Services Limited has announced an emergent meeting of its Board of Directors, slated for November 30, 2024, in Lahore. The primary agenda of the meeting will be to deliberate on the Scheme of Compromises, Reconstruction, and Arrangements.
In compliance with regulations set by the Pakistan Stock Exchange (PSX), the company has declared a "Closed Period" starting from November 27, 2024, through November 29, 2024. During this period, no directors, CEOs, or executives are permitted to engage in any transactions involving the company's shares, either directly or indirectly.
The company has also requested that the Trading Right Entitlement (TRE) Certificate Holders of the Exchange be informed about these developments.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard regulatory practice designed to prevent insider trading and ensure market integrity.