Lahore: Pace (Pakistan) Limited has announced that its Board of Directors will convene on June 11, 2025, in Lahore to discuss an agenda excluding financial results. The meeting is set to address various corporate matters that fall outside the scope of financial disclosures, as per the company's notification.

The company has instituted a "Closed Period" from June 4, 2025, to June 11, 2025. During this time, no Director, CEO, or Executive of Pace (Pakistan) Limited is permitted to engage in any transactions involving the company's shares, either directly or indirectly. This restriction adheres to clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, ensuring compliance with corporate governance standards.

According to information available from the Pakistan Stock Exchange (PSX), the designation of a closed period is a standard regulatory measure that restricts insider trading prior to significant corporate announcements. This measure is designed to maintain market integrity and protect shareholder interests.

The company's decision to hold a board meeting during this period indicates a focus on strategic discussions and planning for future initiatives. The market will be keenly observing the outcomes of this meeting, given the importance of non-financial decisions in shaping the company's operational trajectory.

Pace (Pakistan) Limited's announcement has been communicated to the TRE Certificate Holders of the exchange, ensuring all relevant parties are informed in line with regulatory requirements.