Karachi: Sui Southern Gas Company Limited (SSGC) has announced an emergent meeting of its Board of Directors, scheduled for June 4, 2025. The meeting, set to take place in Karachi, will focus on matters distinct from the financial results of the company.
The announcement highlights the enforcement of a "Closed Period," spanning from May 30, 2025, to June 4, 2025. During this time, as stipulated under Clause 5.5.4 of the Pakistan Stock Exchange (PSX) Regulations, no director, CEO, managing director, or executive is permitted to engage in any transactions involving the company’s shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the company is required to disseminate any material information resulting from the meeting in compliance with the regulatory requirements. This measure ensures transparency and adherence to the guidelines established by PSX for listed entities.
The company has advised informing the TRE Certificate Holders of the Exchange about the scheduled meeting and the implementation of the Closed Period. The focus of the meeting and any resultant decisions are expected to be communicated as per the PSX guidelines.