Karachi: Sui Southern Gas Company Limited (SSGCL) has announced that a meeting of its Board of Directors is scheduled to take place on Thursday, January 30, 2025, at 12:00 noon. The meeting will be held in the SSGC Board Room at the Head Office Building located in Gulshan-e-Iqbal, Karachi. The primary agenda of this meeting is to review the interim financial statements for the period ending December 31, 2023, and to consider any potential entitlement declarations.

In compliance with regulatory requirements, SSGC has declared a "Closed Period" from Friday, January 24, 2025, to Thursday, January 30, 2025. During this period, no Director, CEO/MD, or Executive is permitted to engage in any direct or indirect transactions involving the company’s shares. This restriction is mandated under Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations to ensure market integrity and transparency.

According to information available from the Pakistan Stock Exchange (PSX), the declaration of a closed period is a standard practice for companies undergoing significant financial reviews or decisions. This measure safeguards against any potential conflict of interest or insider trading that might arise as a result of privileged information being disclosed during board deliberations.

The SSGCL management has also requested that the TRE Certificate Holders of the Exchange be informed about the closed period to maintain transparency and adherence to PSX guidelines. As a key player in the energy sector, SSGCL’s financial disclosures are eagerly awaited by investors and stakeholders who closely monitor the company's performance in the designated market category.